Dian Kemala AUDUSD 30 July

Dian Kemala AUDUSD 30 July

30 July 2014, 05:19
Dian Kemala
0
164

Bullish analysis on aussie still continue from last month, traping inside 224 equilibrium may break up and reach target at 0.9552, if 0.9324 as minor fibonacci support level not break. 


From the smaller timeframe, there is two Bullish scenario, Entry long at fibonacci retracement 0.9384 with ABCD pattern target at 0.9479 or waiting for double bottom at 0.9331 target at fibonacci resistance level at 0.9437.


And if we look for bearish scenario, we can see a strong Head and shoulder's pattern combine with channel down with target bearish at double bottom around minor fibonacci support level at 0.9330.


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