{"id":109409,"date":"2017-07-21T11:33:13","date_gmt":"2017-07-21T15:33:13","guid":{"rendered":"http:\/\/countingpips.com\/?p=109409"},"modified":"2017-07-21T11:33:13","modified_gmt":"2017-07-21T15:33:13","slug":"audusd-potential-rejections-due-to-zigzag-uptrend","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/07\/audusd-potential-rejections-due-to-zigzag-uptrend\/","title":{"rendered":"AUD\/USD Potential Rejections Due To ZigZag Uptrend"},"content":{"rendered":"
July 21, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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The AUD\/USD<\/a> has been in a steady uptrend identified by confluence points (POC) rejections and an upward zig zag trend pattern. POC (trend line EMA 89, 50.0. D L4, ATR pivot, historical buyers) 0.7888-0.7900 is the zone where the AUD\/USD could reject again towards W H4 0.7960 and D H4 -0.7980. The range on the AUD\/USD is lower so when you take profits aim for 20-30 % of its ATR(14), also due to summer volatility. Break below 0.7860 will target lower levels as shown on the picture, but at this point the main trend is up.<\/p>\n

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\n\tW L3 – Weekly Camarilla Pivot (Weekly Interim Support)\n<\/p>\n

\n\tW H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)\n<\/p>

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\n\tW H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)\n<\/p>\n

\n\tD H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)\n<\/p>\n

\n\tD L3 \u2013 Daily Camarilla Pivot (Daily Support)\n<\/p>\n

\n\tD L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)\n<\/p>\n

\n\tPOC – Point Of Confluence (The zone where we expect price to react aka entry zone)\n<\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: AUD\/USD Potential Rejections Due To ZigZag Uptrend<\/a><\/p>\n

<\/a><\/p>\n

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":"

By Admiral Markets The AUD\/USD has been in a steady uptrend identified by confluence points (POC) rejections and an upward zig zag trend pattern. POC (trend line EMA 89, 50.0. D L4, ATR pivot, historical buyers) 0.7888-0.7900 is the zone where the AUD\/USD could reject again towards W H4 0.7960 and D H4 -0.7980. The […]<\/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-109409","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/109409","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=109409"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/109409\/revisions"}],"predecessor-version":[{"id":109410,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/109409\/revisions\/109410"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=109409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=109409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=109409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}