Technical parameters | (22-26) October 2018
Possible entry point with critical support and resistance level. But when you trade at this level, make sure to use the price confirmation signal. We have prepared these key support and resistance levels based on Fibonacci retracement levels, 100 and 200 SMAs, key tipping points, and diagram patterns formed in the higher time frame. Focus on AUDUSD technical analysis.
Look for a purchase opportunity close to critical support
First critical resistance: Click here
Second critical resistance: 1.16590
First critical support: Click here
Second critical support: 1.13031
General feeling: slightly bearish
For GBPUSD, AUDUSD, USDCAD and USDJPY analysis
All technical parameters are applicable from 22nd to 26th of October 2018. The general feeling indicates the dominant trend of the market. We strongly recommend trading for market sentiment (general sentiment) to reduce the risk of exposure to trading. Trade the critical support and the resistance level with the price action confirmation signal. If you want to get the technical analysis of diagrams with logical explanations, do not hesitate to contact us.
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