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ForexDailyUpdate
Jul 10, 2016 6:07 PM

AUDUSD: Reversal with Quick In-Out SELL 

Australian Dollar/U.S. DollarFXCM

Description

Greetings Traders!

Check out the video for the outlook at: youtu.be/t3ia9RvOA8I
We have a up trend continuation that has formed. Looking at 0.45629 as a resistance/support level.

Break-below this level would indicate a SELL opportunity down to the channel support or 0.75107, which ever comes first.
A retest and continuation would indicate a BUY opportunity up to 0.75900 or upper channel resistance level, which ever comes first.

Will keep updating on the progress of trade opportunities.

Happy Trading!
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