ForexCycle.com
  • Home
  • Forex Analysis
    • Long Term Forex Analysis
    • Short Term Forex Analysis
    • Special Focus
    • Daily Forex Reports
    • Forex Signals
  • Forex Articles
    • Market Cycle
    • Indicator
    • Elliott Wave
    • Fibonacci Sequence
    • Forex Market
    • Forex Trading
    • Technical Analysis
    • Chart Pattern
  • Trading Strategy
  • Forex Brokers
    • Avatrade
    • Broker News
    • Broker Review
  • Elliott Wave Courses
    • Markets Reverse
    • 5 Ways Using Trendlines
    • Overview of MACD
    • Relative Strength Index
    • Japanese Candlesticks
    • Moving Averages
    • Fibonacci Ratios
    • Two-Bar Pattern
    • Market Myths Exposed
  • Contact Us

AUDUSD Daily Analysis – April 27, 2017

AUDUSD broke out of the triangle pattern and continued its downward movement from 0.7749. Further decline could be expected in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7540, only break above this level could signal completion of the downtrend.

AUDUSD chart

Author ForexCycle.comPosted on April 27, 2017April 27, 2017Categories Short Term Forex AnalysisTags AUDUSD, Breakout, Triangle, Triangle Pattern

Post navigation

Previous Previous post: GBPUSD Daily Analysis – April 27, 2017
Next Next post: USDJPY Daily Analysis – April 27, 2017

Resources

  • Unlock Your Trading Potential with EA Builder
  • Elliott Wave Principle

Recent Posts

  • Roblox (RBLX) Bullish Surge: The Elliott Wave Path to New Highs
  • EURUSD Trading Setup Explained : Buying the Dips in the Blue Box
  • Bitfarms Ltd. $BITF Can Reach $4.20 as Elliott Wave Signals a Bullish Move
  • Visa (V) Surges +96% from 2022 Blue Box – Another Elliott Wave Success
  • Uranium Miners ETF (URA) Remains Bullish Against April 2025 Low
  • SoFi Technologies (SOFI) Favors Rally Into $26.21 – $28.01 Area Before Pullback
  • Apple’s Reversal Play: AAPL Reacts Higher from Elliott Wave Blue Box
  • TMUS Gains 35% off the Bluebox, Buyers Regain Control
  • Elliott Wave Signals Caution for TRV: Is a Correction Looming?
  • MicroStrategy (NASDAQ: MSTR) Elliott Wave Technical Blueprint
  • Facebook
  • Instagram
  • Twitter
  • LinkedIn
  • Telegram
  • Home
  • Forex Analysis
  • Forex Articles
  • Contact Us
  • Forex Blog
  • Disclaimer
  • Forex Resources
  • Archives
  • RSS
Copyright © 2005 - 2025 ForexCycle.com. All rights reserved.