Daily Analysis 29/10/2021

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY AUD/USD

Support & Resistance: R1: 0.760
From the daily chart, the price is rising to the resistance level.

 

H4 AUD/USD

Support & Resistance: R1: 0.760

From the H4 chart, traders can trade long positions after the price breaks 0.755.

 

TRADING TIPS


Long Position

0.756

0.76

0.748