FX:AUDUSD   Australian Dollar / U.S. Dollar
85 1 3
Hi traders,

Another potential trade for the commodity currency this week. Ive been following AUDUSD             for the past week and im suprised by the strenght of it. And i expect a really big drop from the highs. Lots of selling (and distribution stage) on the highs around 0.768-0.77.

This week i will look for the AUD against most of the majors. From the chart i expect it to break down from the accending trendline , retest the trendline and ultimately head back down to the lows and according to my analysis it looks like it will play out. Fundimentals are berish on the AUD, as monetary policy looks to remain the same.

This one may take awhile to play out but its a good one to be paitent for!

ENTRY: 0.7620
SL: 0.7670 (-50pp)
TP: 0.7460 (+160pp)

All the best and trade safe guys.
Please give this idea a like if you share the same view.
Follow me to show your support! I will genuinely appreciate it!
Trade closed: stop reached: SL, same as NZD. Due to better then expected news coming out from China.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out