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Technical parameters| (22nd-26th) October 2018
Possible entry point with critical support and resistance level. But when you trade at this level make sure that you are using price action confirmation signal. We have prepared these key support and resistance level based on the Fibonacci retracement levels, 100&200 SMA, key swings point and chart patterns formed in the higher time frame. Focus on AUDUSD technical analysis.
Look for buying opportunity near the critical support
First critical Resistance: Click here
Second critical Resistance: 1.16590
First critical Support: Click here
Second Critical Support: 1.13031
Overall Sentiment: Slightly Bearish
For GBPUSD, AUDUSD, USDCAD and USDJPY analysis
All the technical parameters are applicable from 22nd October to 26th October 2018. The overall sentiment indicates the prevailing trend of the market. We highly recommend you to trade in favor of the market sentiment (overall sentiment) to reduce the risk of exposure in trading. Trade the critical support and resistance level with price action confirmation signal. If you want to get the technical chart analysis along with logical explanations, feel free to contact us.
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