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Forex, daily technical levels


The pair starts stabilizing itself after lost from its peal at around 0.8125x and now it is trading at 0.7665x and still below our DMA 200 and DMA50. To the upside, AUDUSD can touch the R1@0.769xx again, if the current daily PP@0.7665x can be brokenout.

On the flipside, a breakdown the S1@0.763xx will lead the price action to the next lower swing lows@around 0.757xx. Take your look at the depicted chart and table below for more reference:






Pivot Point



Wednesday, November 01, 2017 R1 0.76911 S1 0.76234 0.76650 0.77280 0.78330
R2 0.77242 S2 0.76057
R3 0.77500 S3 0.75721


Trade well!


Makkaba team


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