My AUDUSD last week analysis: AUDUSD Based on the previous analysis of 240 min chart, the closest target along the trend was Ã1-0.8925 (Fig. 1). Fig. 1 â 240 The target was reached on Jan. 28, 2010, but the trade was not made due to a small estimated profit (Fig. 2). Fig. 2 â 240
My AUDUSD forecast: AUDUSD Based on the weekly charts, the price moves upward, for the time being it has lingered near level 7/8, further rise is possible (Fig. 1). Fig. 1 - W1 Reasoning from the daily charts, the closest target is Ã1-1.0031 (Fig. 2). Fig. 2 â D1 Reasoning from the 240 min chart analysis, the closest target along the trend is T1-0.8826 (Fig. 3). Fig. 3 â 240 Reasoning from the hourly chart analysis, the closest target along the trend is 0.8734 (Fig. 4). Fig. 4 â 60