AUDUSD ANALYSIS 16-Jan-2021
CMP: 0.7702; RES: 0.7821; SUP: 0.7516/0.7461
Based H4 chart,
If AUDUSD resisted by 0.7821 and a break of the down trendline & 0.7461, the top might be in place.
If 0.7600 supports and a break of 0.7821, we can see 0.7836, 0.7873, 0.7895 to complete this up move.
Based on H1 chart,
RES: 0.7731/0.7805/0.7821
If the above resistances hold and a break of 0.7667, we can see 0.7650-0.7613, 0.7554-0.7531.
ANALYSIS 11-JAN-2021
CMP: 0.7710; SUP: 0.7341; RES: 0.7821
As long as 0.7341 supports, we can see one more high and expecting 0.7834, 0.7017, extension could be 0.8033, 0.8133
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