empty
 
 

30.11.202119:23 Forex Analysis & Reviews: AUD/USD drops as expected

Exchange Rates 30.11.2021 analysis

AUD/USD Massive Drop!

The AUD/USD pair is dropping like a rock after failing to stay above 0.7102 former low and above the 0.7100 psychological level. As you already know from my analysis, the selling pressure was high as long as it stays under the downtrend line. I've told you in my previous analysis that the pair could extend its sell-off as long as it's trading below the downtrend line which represents a dynamic upside obstacle (resistance).

Its failure to approach and retest the downtrend line signaled that the sellers are in full control. Dropping below 0.7102 signaled a potential deeper drop.

AUD/USD Trading Conclusion!

The current aggressive drop below 0.7102 could activate a larger downside movement. In the short term, it could try to rebound, maybe it will come back to retest the 0.7102 before dropping deeper. The breakdown could be seen also as a selling opportunity.

*Analisis pasar yang diposting disini dimaksudkan untuk meningkatkan pengetahuan Anda namun tidak untuk memberi instruksi trading.

Ralph Shedler,
Pakar analisis InstaForex
© 2007-2022
Manfaat dari rekomendasi para analis saat ini
Akun trading teratas
Buka akun trading

Tinjauan analitis InstaForex akan membuat Anda menyadari sepenuhnya tren pasar! Sebagai klien InstaForex, Anda dilengkapi dengan sejumlah besar layanan gratis untuk trading yang efisien.




  • Trade Wise, Win Devise
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • Ferrari from InstaForex
    Top up akun anda dengan dana minimal $1.000
    gabung kontes dan menangkan Ferrari
    F8 Tributo
    GABUNG KONTES
  • Chancy Deposit
    Deposit akun anda dengan $3.000 dan menangkan $1.000
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS
Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.