AUDUSD 16 AUG 2018 Daily Forex Analysis

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AUDUSD 1808160955.png



Long positions above 0.7229

Key levels to target on the upside: 0.7243, 0.7256, 0.7265, 0.7274, 0.7301

Look for reversal signs inside the area 0.7265 - 0.7274

Projected high of the day: 0.7279



Short positions below 0.7229

Key levels to target on the downside: 0.7220, 0.7211, 0.7197, 0.7184, 0.7166

Look for reversal signs inside the area 0.7197 - 0.7184

Projected low of the day: 0.7214



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