FX.co ★ AUDUSD Point and Figure Chart

AUD/USD 503 Chart:
The pair resumed its uptrend movement on 503 chart.
Target for sellers is placed at 1.04 level from where we expect the rise towards resistance level 1.06.

AUD/USD 303 Chart:
Here the currency pair is close to support level of 1.04 and the upwards movement is most probable.
It is worth looking for buy points now.

AUD/USD 203 Chart:
On 203 chart we have a buy signal as the pair broke through support level of 1.044 against the major trend.
Let us consider 103 chart to get the full picture.

AUD/USD 103 Chart:
103 chart gives a better picture.
Those who like to risk, buy the pair after overcoming oа resistance level 1.048 with the first target at 1.06.
After the level 1.062 is broken through, we will get an extra buy signal.

упке.