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AUDUSD Outlook 7-11 November, 2016 | November 6, 2016



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Audusd has formed a triangle. After the breakout of this triangle, we can go for entry according to the direction. 0.7700 level is level for the upside breakout level. If breaks this level, then we can go for buy. If it breaks 0.7570 level, then we can go for buy on this pair.

Overall this pair is uptrend. So we recommend for buy entry for this pair. Day traders can look for buy on this pair. From any retrace, we should look for buy setup on this pair.


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