Ulvin_7

AUD/USD SHORT (on a long term)

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Historically 0.66761 was used like a support level . Then it was updated, because of a new low registered at 0.66696. This level is a bottom of this instrument. I guess that price will not be under this level so soon. Maybe it will touch it ( to grab some Stop Losses) and go up. But how much power they will have to go up? From my point of view they will touch trend line (maybe brake and be there for a couple of days). Then price will go down, like usually for a -4 or 5%. And this will be new low data for this instrument.

But for all of this we have to wait, it is not coming soon.
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