{"id":91657,"date":"2016-06-21T06:51:30","date_gmt":"2016-06-21T10:51:30","guid":{"rendered":"http:\/\/countingpips.com\/?p=91657"},"modified":"2016-06-21T06:51:30","modified_gmt":"2016-06-21T10:51:30","slug":"audusd-is-testing-the-previous-top-at-0-7487","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/audusd-is-testing-the-previous-top-at-0-7487\/","title":{"rendered":"AUDUSD is testing the previous top at 0.7487."},"content":{"rendered":"
June 21, 2016<\/div>
\r\n<\/div><\/div>

Article by ForexTime<\/a><\/p>\n\n\n\n\n\n\n\n
\"EURUSD<\/a><\/td>\nEURUSD<\/td>\nH4<\/td>\n\"up-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.1362<\/td>\n1.1412<\/td>\n1.1442<\/td>\n<\/tr>\n
Support<\/td>\n1.1281<\/td>\n1.1250<\/td>\n1.1200<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0is trading on the daily pivot point at 1.1331. A decisive movement to the north will lift the exchange rate to retest the hurdle at 1.1362 and further up to 1.1412.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nShould the pair achieve to breach the daily pivot, the next support is seen at 1.1281.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"EURUSDH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"GBPUSD<\/a><\/td>\nGBPUSD<\/td>\nH4<\/td>\n\"up-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.4794<\/td>\n1.4898<\/td>\n1.5079<\/td>\n<\/tr>\n
Support<\/td>\n1.4510<\/td>\n1.4529<\/td>\n1.4225<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair\u00a0is negotiating slightly above the daily pivot (1.4616). If the pair manages to extend its bullish momentum, it will climb towards the resistance level at 1.4794 and then higher at 1.4898.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a break back below the daily pivot will push prices to find support at 1.4510. RSI oscillator supports this outlook.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"GBPUSDH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"USDCHF<\/a><\/td>\nUSDCHF<\/td>\nH4<\/td>\n\"up-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.9647<\/td>\n0.9677<\/td>\n0.9713<\/td>\n<\/tr>\n
Support<\/td>\n0.9581<\/td>\n0.9545<\/td>\n0.9515<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0is\u00a0gyrating the daily pivot point (0.9611). An upward wave would trigger the market to hit the hurdle at 0.9647 and further up to 0.9677.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA drop of the pair below the daily pivot will open the way down to 0.9581.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"USDCHFH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"USDJPY<\/a><\/td>\nUSDJPY<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n104.54<\/td>\n104.98<\/td>\n105.78<\/td>\n<\/tr>\n
Support<\/td>\n104.08<\/td>\n103.52<\/td>\n103.02<\/td>\n<\/tr>\n
Primary Scenario<\/td>\n\u00a0The\u00a0USDJPY pair is still moving sideways below the Kumo. A plunge of the market below the support at 104.08 will pave the path down to 103.52 and even lower at 103.02.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a surge of the market above the barrier at 104.54 will lead the currency pair towards the Kijun-sen line at 104.98.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"USDJPYH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"AUDUSD<\/a><\/td>\nAUDUSD<\/td>\nH4<\/td>\n\"up-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.7487<\/td>\n0.7521<\/td>\n0.7562<\/td>\n<\/tr>\n
Support<\/td>\n0.7412<\/td>\n0.7371<\/td>\n0.7337<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0is testing the previous top at 0.7487. Should a breakout occur above this level will accelerate the exchange rate to target the next level\u00a0at 0.7521. The next resistance is seen at 0.7562.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA reversal back below the daily pivot (0.7446) will push the pair to find support at 0.7412.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"AUDUSDH4\"<\/a><\/p>\n

 <\/p>\n

\n

\"Forex-Time-Logo\"Article by ForexTime<\/a><\/span><\/strong><\/p>\n

ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Article by ForexTime EURUSD H4 Resistance 1.1362 1.1412 1.1442 Support 1.1281 1.1250 1.1200 Primary Scenario EURUSD\u00a0is trading on the daily pivot point at 1.1331. A decisive movement to the north will lift the exchange rate to retest the hurdle at 1.1362 and further up to 1.1412. Alternative Scenario Should the pair achieve to breach 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-91657","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91657","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=91657"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91657\/revisions"}],"predecessor-version":[{"id":91672,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91657\/revisions\/91672"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=91657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=91657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=91657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}