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05.08.2016 09:45 - AUDUSD
Автор: goro82 Категория: Бизнес   
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1. goro82 - Background This week’s sig...
05.08.2016 09:45
Background

This week’s signals to buy on the dip at .7504 are being confirmed with a 1 ½ Big Fig rally since Tuesday’s .7490 base. However, yesterday’s signals were more cautious, with prices testing July’s .7677 high. Despite this, investor demand persisted, sentiment improving by ½ Big Fig on the day, though remaining below July’s .7677 top. With no sign that demand is ending and with signals remaining bullish, expect a test of July's top.

Management and risk description

Allow room to buy dip. Raise stop to entry if the first target is met.

Parameters

Entry: Buy at market and .7628, today's open in Asia.

Stop: .7584, yesterday's low.

Target:.7719, May's top and .7835, this year's peak in April.

Time horizon: Close at noon UK time.

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Автор: goro82
Категория: Бизнес
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