### T E C H N I C A L _ A N A L Y S I S ### A U D / U S D
Dear Sir or Madam,
I would like to update my technical analysis of AUD/USD. I will consider the outlook for price action in the AUD/USD market. AUD/USD is currently moving at 0.6662. According to this timeframe, the AUD/USD price movement seems to be dominated by the sellers, as they are again trying to push the price toward the support level of 0.6629. The technical indicators suggest a strong sell signal for AUD/USD. The Relative Strength Index (RSI) is at 53.5446, indicating a selling sentiment. On the moving average convergence divergence (MACD) indicator chart of this time frame, I see that the price is above the middle line, so I expect that the AUD/USD will move downward as the sellers are also vital, so sell the AUD/USD now.
![AUDUSD M30 Chart](attachment.php?attachmentid=18428147&stc=1&d=1685 692998)
### Translation in Roman Urdu
### T E C H N I C A L _ A N A L Y S I S
### A U D / U S D
Mohtaram Sir ya Madam,
Main apni AUD/USD ki technical analysis ko update karna chahta hoon. Main AUD/USD market mein price action ke outlook ko dekhunga. AUD/USD filhal 0.6662 par move kar raha hai. Is timeframe ke mutabiq, AUD/USD ka price movement sellers ke kabze mein nazar aa raha hai, kyunki wo phir se price ko support level 0.6629 ki taraf dhakelne ki koshish kar rahe hain. Technical indicators AUD/USD ke liye strong sell signal de rahe hain. Relative Strength Index (RSI) 53.5446 par hai, jo selling sentiment ko darshata hai. Moving average convergence divergence (MACD) indicator chart par, main dekhta hoon ke price middle line ke upar hai, is liye main expect karta hoon ke AUD/USD downward move karega kyunki sellers bhi mazboot hain, is liye ab AUD/USD ko sell karein.
![AUDUSD M30 Chart](attachment.php?attachmentid=18428147&stc=1&d=1685 692998)
### Chart Indicators:
- **MACD Indicator**:
- Indicating potential downward movement as price is above the middle line.
- **RSI Indicator Period 14**:
- Showing a reading of 53.5446, suggesting a selling sentiment.
- **Exponential Moving Averages (EMA)**:
- 50-day EMA (Orange): Price below this line.
- 20-day EMA (Magenta): Price below this line.
### Support and Resistance Levels:
- **Initial Support Level**: 0.6629
- **Second Support Level**: 0.6591 (if breached, could lead to further decline)
- **Third Support Level**: 0.5921
- **Initial Resistance Level**: 0.6671
- **Weekly High**: Approximately 0.6699 (a break could expose next resistance zone of 0.7123)
### Summary:
In the current market situation, it is advisable not to rush into forming any long-term trading positions in the AUD/USD market. The selling sentiment is strong, and indicators suggest potential downward movement.
Best regards,
[Your Name]
Dear Sir or Madam,
I would like to update my technical analysis of AUD/USD. I will consider the outlook for price action in the AUD/USD market. AUD/USD is currently moving at 0.6662. According to this timeframe, the AUD/USD price movement seems to be dominated by the sellers, as they are again trying to push the price toward the support level of 0.6629. The technical indicators suggest a strong sell signal for AUD/USD. The Relative Strength Index (RSI) is at 53.5446, indicating a selling sentiment. On the moving average convergence divergence (MACD) indicator chart of this time frame, I see that the price is above the middle line, so I expect that the AUD/USD will move downward as the sellers are also vital, so sell the AUD/USD now.
![AUDUSD M30 Chart](attachment.php?attachmentid=18428147&stc=1&d=1685 692998)
### Translation in Roman Urdu
### T E C H N I C A L _ A N A L Y S I S
### A U D / U S D
Mohtaram Sir ya Madam,
Main apni AUD/USD ki technical analysis ko update karna chahta hoon. Main AUD/USD market mein price action ke outlook ko dekhunga. AUD/USD filhal 0.6662 par move kar raha hai. Is timeframe ke mutabiq, AUD/USD ka price movement sellers ke kabze mein nazar aa raha hai, kyunki wo phir se price ko support level 0.6629 ki taraf dhakelne ki koshish kar rahe hain. Technical indicators AUD/USD ke liye strong sell signal de rahe hain. Relative Strength Index (RSI) 53.5446 par hai, jo selling sentiment ko darshata hai. Moving average convergence divergence (MACD) indicator chart par, main dekhta hoon ke price middle line ke upar hai, is liye main expect karta hoon ke AUD/USD downward move karega kyunki sellers bhi mazboot hain, is liye ab AUD/USD ko sell karein.
![AUDUSD M30 Chart](attachment.php?attachmentid=18428147&stc=1&d=1685 692998)
### Chart Indicators:
- **MACD Indicator**:
- Indicating potential downward movement as price is above the middle line.
- **RSI Indicator Period 14**:
- Showing a reading of 53.5446, suggesting a selling sentiment.
- **Exponential Moving Averages (EMA)**:
- 50-day EMA (Orange): Price below this line.
- 20-day EMA (Magenta): Price below this line.
### Support and Resistance Levels:
- **Initial Support Level**: 0.6629
- **Second Support Level**: 0.6591 (if breached, could lead to further decline)
- **Third Support Level**: 0.5921
- **Initial Resistance Level**: 0.6671
- **Weekly High**: Approximately 0.6699 (a break could expose next resistance zone of 0.7123)
### Summary:
In the current market situation, it is advisable not to rush into forming any long-term trading positions in the AUD/USD market. The selling sentiment is strong, and indicators suggest potential downward movement.
Best regards,
[Your Name]
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