empty
 
 
24.03.2022 08:34 AM
Elliott wave analysis of AUD/USD for March 24, 2022

This image is no longer relevant

The Aussie dollar is forming a large Shoulder/Head/Shoulder bottom and is currently headed towards the neckline resistance near 0.7970 and a break above here will call for a continuation higher towards the S/H/S target at 1.0255 with strong resistance at 0.9400 underway higher, but first we need to see how the Aussie dollar handles itself near the neck-line resistance at 0.7970 that is going to be tested soon.

Support is now seen at 0.7321.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback