{"id":107057,"date":"2017-06-08T04:35:21","date_gmt":"2017-06-08T08:35:21","guid":{"rendered":"http:\/\/countingpips.com\/?p=107057"},"modified":"2017-06-08T04:35:21","modified_gmt":"2017-06-08T08:35:21","slug":"audusd-slow-zig-zag-towards-0-7580","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/06\/audusd-slow-zig-zag-towards-0-7580\/","title":{"rendered":"AUD\/USD Slow Zig-Zag Towards 0.7580"},"content":{"rendered":"<div id=\"inves-4253231745\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">June 8, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><\/p>\n<p>\n\t<img decoding=\"async\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/2017-06-08_10-18-20-1.png\">\n<\/p>\n<p>\n\tAs we could see on yesterday&#8217;s <a href=\"https:\/\/www.youtube.com\/watch?v=I5PRHV7Vig0&amp;feature=youtu.be\" target=\"_blank\">Live Trading<\/a> webinar, straight after our live trading session, the AUD\/USD has rejected and made pips in the bearish direction. That was a counter trade opportunity we had, but today the AUD\/USD might proceed with the trend. The POC zone is 0.7510-20 (D L4, ATR pivot, bullish order block, EMA89) and if we see a retracement, the pair might reject from the POC zone targeting H3 and H4 camarilla pivots. 1 hour candle close above 1.7568 might target 1.7586 and further 0.7617 on a stronger momentum push. Have in mind that the ATR (range) of the pair is small, only 57 pips so 0.7580 zone is looking more realistic should the bullish momentum prevail.\n<\/p>\n<p>\n\tFollow <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/TarantulaFX\" target=\"_blank\">@TarantulaFX<\/a> on twitter for latest market updates\n<\/p>\n<p>\n\tConnect with <a rel=\"nofollow\" href=\"http:\/\/www.facebook.com\/tarantulafx\">Nenad Kerkez T<\/a> on Facebook for latest market updates.\n<\/p>\n<p>\n\tW L3 &#8211; Weekly Camarilla Pivot (Weekly Interim Support)\n<\/p>\n<p>\n\tW H3 &#8211; Weekly Camarilla Pivot (Weekly Interim Resistance)\n<\/p><div id=\"inves-2035804068\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>\n\tW H4 &#8211; Weekly Camarilla Pivot (Strong Weekly Resistance)\n<\/p>\n<p>\n\tD H4 &#8211; Daily Camarilla Pivot (Very Strong Daily Resistance)\n<\/p>\n<p>\n\tD L3 \u2013 Daily Camarilla Pivot (Daily Support)\n<\/p>\n<p>\n\tD L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)\n<\/p>\n<p>\n\tPOC &#8211; Point Of Confluence (The zone where we expect price to react aka entry zone)\n<\/p>\n<p>\n<a href=\"https:\/\/admiralmarkets.com\/trading-platforms\/metatrader-4\/\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/admiralfiles.s3.amazonaws.com\/software\/MT4\/MetaTrader4Software-1440x440px-violet.png\" alt=\"MT4 Forex and CFD trading platform\"><\/a>\n<\/p>\n<p><b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/aud-usd-slow-zig-zag-towards-0-7580\" target=\"_blank\">AUD\/USD Slow Zig-Zag Towards 0.7580<\/a><\/p>\n<hr style=\"border: 1px dotted #eee;\"><a href=\"http:\/\/www.admiralmarkets.com\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/AdmiralMarkets-sig-1.png\" align=\"left\" height=\"87\" width=\"141\"><\/a><\/p>\n<p style=\"text-align: justify;\">Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Admiral Markets As we could see on yesterday&#8217;s Live Trading webinar, straight after our live trading session, the AUD\/USD has rejected and made pips in the bearish direction. That was a counter trade opportunity we had, but today the AUD\/USD might proceed with the trend. The POC zone is 0.7510-20 (D L4, ATR pivot, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-107057","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/107057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=107057"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/107057\/revisions"}],"predecessor-version":[{"id":107058,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/107057\/revisions\/107058"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=107057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=107057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=107057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}