Trading Signal - 04 / 04 / 2016 - 16:00 (GMT +3)

Instrument: AUDUSD
by: Chief Technical Strategist Avramis Despotis

Previous Close

0.7629

Change

-0.66 %

Current

0.7629

52 Week High

0.8036

52 Week Low

0.6839

30 Days ATR

0.0054

40 Weeks ATR

0.0133

Time

Trend &
Condition

0.7600

60min
CHART

Next 3 Days

Support &
Resistances

Downwards
Weak

0.7540
0.7450

0.7650
0.7680
0.7720

Comments

The market is testing resistance at 0.7650. We are

waiting to see reversal signals in order to reinstate
SHORT positions, or alternatively the downward
break of the 0.7600 support level. Next important
resistance the 0.7680 level.

Neutral

0.7720

The market is testing support at 0.7590. We are

0.7520

0.7770

waiting to see reversal signals in order to reinstate

LONG positions, or alternatively the upward break
of the 0.7720 resistance level. Next important

0.7410

0.7840

support the 0.7520 level.

0.7590

240min
CHART

Next 3
Weeks

Upwards
Strong

Neutral

0.7470

Daily

Waiting for a retracement lower towards the

Months

Upwards
Strong

Neutral

0.7340
0.7140

Entry, Take Profit &

Stop Loss Levels

Position

Entry

SL

SELL

Trade P.

TP1

TP2

0.7540

0.7450

Position

Entry

SL

BUY

Trade P.

TP1

TP2

0.7770

0.7840

Position

Entry

SL

BUY

Trade P.

TP1

TP2

0.7710

CHART
Next 3

Position & Trade

Probability

0.7880

0.7470 support level, in order to reinstate LONG

positions.

0.8170

Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of
investment research.

12, Richard & Verengaria Street Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus P.O.Box 50626, 3608 Limassol, Cyprus