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AUDUSD Trend Line

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AUDUSD price is currently 0.7270 at the time of this post. I am expecting a major bullish move to start and continue for the next few weeks. It has broke a major trend line on the Daily chart and has re-tested this trend line. See attached image.

This should be going up until at least 0.7400. This is a good Risk/Reward trade setup. Consider buying AUDUSD soon.

Linkback: https://www.forex.zone/technical/11/audusd-trend-line/251/
#1 - September 26, 2018, 07:10:46 PM
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Great,,,, I think a good way would be to enter a weekly trend 
#2 - October 11, 2018, 04:36:35 AM

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by the way i use gold as the metal indicator of the currency price movement. will be back with a share of my orogress,...so far so good
#3 - October 20, 2018, 02:28:08 PM

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AUDUSD Trend Line in Technical_audusd-h1-xm-global-limited-2

AUDUSD today
For alternative trading strategies based on forex technical analysis today we can look for sell signal confirmation if there is a correction to the area of 0.72634. The target potential is up to the range 0.72346.
#4 - November 22, 2018, 07:22:02 AM

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AUDUSD has been bullish for the last few weeks. I expect it to be bearish for a little more and then continue on it's bullish move. See the attached image. As you can see, AUDUSD broke above a weekly trend line and should come down some more until it's near to that line again. Then I expect AUDUSD to continue going up.
#5 - November 22, 2018, 02:48:27 PM
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AUDUSD Trend Line in Technical_audusd-h1-xm-global-limited-2


The Aussie corrected near the daily support area. Intraday bias still tends to be bearish for today.

For alternative trading strategies based on forex technical analysis today we can look for sell signal confirmation if there is a correction to the area of 0.72346 with target up to the range 0.72049.
#6 - November 24, 2018, 03:07:33 AM

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Great signals and ideas here. Much appreciated. :)
#7 - November 24, 2018, 03:55:18 PM

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Since my last post, AUDUSD went up to .7390 and has since become bearish again. I am currently bearish on AUDUSD long term.

There are 2 trend lines on the Monthly chart that have been broken. I consider this a reliable trade set up. 

My 1st target is 0.6800, but I think this will go the whole way down to 0.6500. I would not be surprised if it went down even farther though. So this should be at least a 500 pip profit trade with low risk.
#8 - December 28, 2018, 04:01:51 PM
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My first target has been reached. Price fell to a little above 0.6700 since my last post. 

Price has recovered up to 0.70 since then. So this is a good chance to re-enter again. I still expect AUDUSD to fall long-term. This can be another chance to profit hundreds of pips for anyone who missed the chance before.
#9 - January 03, 2019, 09:56:00 PM
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There is a trend line support level on the H4 that seems like it is about to break. This is not a certainty, but it agrees with my long term outlook for AUDUSD. This is a good selling point.
#10 - January 07, 2019, 11:02:46 PM
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Today's Technical Analysis for: AUD/USD

According to H4 time Frame, it seems to be
Today Market Trend is : Bullish


Resistance Level are:-

1> Resistance Level is : 0.7163
2> Resistance Level is : 0.7169
3> Resistance Level is : 0.7182

Supporting Level are:-

1> Supporting Level is : 0.7142
2> Supporting Level is : 0.7136
3> Supporting Level is : 0.7130

Take profit is : 0.7180

Stop Loss is : 0.7133
#11 - January 09, 2019, 06:20:30 AM

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Today's Technical Analysis for: AUD/USD

According to H4 time Frame, it seems to be
Today Market Trend is : Bullish


Resistance Level are:-

1> Resistance Level is : 0.7192
2> Resistance Level is : 0.7199
3> Resistance Level is : 0.7210

Supporting Level are:-

1> Supporting Level is : 0.7177
2> Supporting Level is : 0.7168
3> Supporting Level is :0.7160



#12 - January 10, 2019, 06:46:41 AM

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Here is the result of the last trend line break on the H4. Price fell for the next few candles.

Since then, there is also a H1 trend line that looks as if it will break. This agrees with my long-term bearish outlook for AUDUSD too. So this may be a good sell entry point
#13 - January 10, 2019, 07:23:50 PM
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It took a little longer than I expected, but the H1 trend line I mentioned in a previous post has broke and been confirmed. I expect more bearish movement on the AUDUSD this week.
#14 - January 14, 2019, 11:10:16 AM
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My analysis of AUD/USD

Resistance and Supporting level today,s

Today Trend is:bearish

Resistance level today,s is

First Resistance is:0.7199
Second Resistance is:0.7208
Third Resistance is: 0.7215


Supporting levels today,s is

First Support is: 0.7190
Second Support is:0.7182
Third Support is:0.7171
#15 - January 30, 2019, 03:44:54 AM

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