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GrowInvest
Oct 10, 2016 7:00 AM

Resistance on Month chart Short

Australian Dollar/U.S. DollarFXCM

Description

One more move down?

Comment

TP: 0,7455 has been reached!
Price heading to 0,7180 (next TP)

Comment

Movement down seems to be finished for now.

Trade closed: target reached

TP 0,7180 reached.

Comment

Nice closure with validation of the support trend line. Breaking that line could open a space for next massive decline, but I am expecting more flat move or correction up in the next month.
Cheers!
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