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Technical parameters | (22-26 October) 2018

Possible entry point with critical support and resistance level. However, if you trade at this level, make sure you use a price action confirmation signal. We prepared these key support and resistance levels based on the Fibonacci retracement values, 100 & 200 SMA, the higher-timed key swing points and chart patterns. Focus on the technical analysis of AUDUSD.

EUR USD

Look for buying opportunities 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 impression: slightly bearish

For GBPUSD, AUDUSD, USDCAD and USDJPY analyzes

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All technical parameters are valid from October 22 to October 26, 2018. Overall sentiment shows the prevailing market trend. We strongly recommend that you act in favor of market sentiment (overall sentiment) in order to reduce the risk of trading. Replace the critical support and resistance to a confirmation signal. If you would like to receive the technical chart analysis with logical explanations, you are welcome to contact us.

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Source: www.forextradingforyou.com

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