{"id":139877,"date":"2019-01-08T10:45:15","date_gmt":"2019-01-08T15:45:15","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=139877"},"modified":"2019-01-08T10:04:00","modified_gmt":"2019-01-08T15:04:00","slug":"audusd-retains-corrective-recovery-bias","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/01\/audusd-retains-corrective-recovery-bias\/","title":{"rendered":"AUDUSD Retains Corrective Recovery Bias"},"content":{"rendered":"<div id=\"inves-1455701806\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 8, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By FXTechStrategy.com<\/strong><\/p>\n<p>AUDUSD retains corrective recovery bias with eyes on more strength in the days ahead. On the upside, resistance lies at the 1.7150 level. A cut through here will turn attention to the 0.7200 level and then the 0.7250 level where a violation will set the stage for a retarget of the 0.7300 level. Its daily RSI is bullish and pointing higher suggesting further strength. Support resides at the 0.7100 level where a breach will aim at the 0.7050 level. Below here will set the stage for a run at the 0.7000 level with a cut through here targeting further downside pressure towards the 0.6950 level. On the whole, AUDUSD faces further downside threats.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.fxtechstrategy.com\/wp-content\/uploads\/2019\/01\/AUDUSDDaily-1.png\" \/><\/p>\n<p>This is an excerpt from our\u00a0<a href=\"http:\/\/www.fxtechstrategy.com\/pricing-and-plans-2\/\" target=\"_blank\" rel=\"noopener\">10-currency daily analysis and trade alerts\u00a0<\/a>with buy\/sell entries, stoplosses and profit targets\u2026<strong><a href=\"http:\/\/www.fxtechstrategy.com\/pricing-and-plans-2\/\" target=\"_blank\" rel=\"noopener\">Click Here To Get Started<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By FXTechStrategy.com AUDUSD retains corrective recovery bias with eyes on more strength in the days ahead. On the upside, resistance lies at the 1.7150 level. A cut through here will turn attention to the 0.7200 level and then the 0.7250 level where a violation will set the stage for a retarget of the 0.7300 level. [&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-139877","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139877","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=139877"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139877\/revisions"}],"predecessor-version":[{"id":139892,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139877\/revisions\/139892"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=139877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=139877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=139877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}