au1-1024x420

  • AUD/USD (H4): Key resistance level
  • Forecast: Corrective market reaction near 0.7840, targeting 0.7750
  • Alternative Scenario: moving in consolidation between 0.7840-0.7750
  • Comments: Price approached important resistance zone
  • Payout: PUT @ 0.7840 à 79% return expiring at 23:30GMT

AU_screen 23.03

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.