Daily Market Analysis 15 July 2022

Daily Market Analysis 15 July 2022

  • Market News
  • Daily Market News
  • 2022, 15 July

AUD/USD

Technical Outlook 

AUD/USD surrenders below the critical 0.6750 upside level. After two days of gains, the pair break toward the downside and is on the way to renew the weekly losses. It extend the pullback from the weekly resistance line.


Technical Indicators
Action
RSI (36)
SELL
Oscillator (16) 
SELL
MACD (Below Midline)
SELL
200 EMA (0.7195)
SELL


Strategy


Scenario 1
Scenario 2
Action
SELL
SELL
Entry
0.6730
0.6740
Target 1
0.6700
0.6710
Target 2
0.6670
0.6680
Stop Loss
0.6760
0.6770


Key Signposts

AUD: No key data

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