abhivik

AUDUSD Weekly Forecast 27 August onward

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
last week in AUDUSD we were looking to short it from 0.7345 price zone, but the price went above to test 0.7382 price zone before going for sell.
This week, as we move forward, we'll look selling opportunity for AUDUSD from the same price as it is in right now.
Price can even do a retest on 0.7382 before going to sell again. In both cases, it is important to get a confirmation before entering.
We'll have our targets at 0.7166 as our first target.
The price can bounce back from here. If it doesn't bounce back and break past our first target, then we'll look for our next target at 0.70989
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