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Roy-C
Feb 29, 2016 3:29 AM

AUD/USD - Short opportunity Short

Australian Dollar/U.S. DollarFXCM

Description

I think AUD is coming to the end of it's bullish move. This would be in line with the economic conditions in AUS. The top of the wedge at E (around .729xx will hold and subsequent to that a break down of the lower trend line to fall to the beginning of that wedge at around .68

Comment

UPDATE - No Rally .. this should fall

Comment

UPDATE - sorry .. If RBA leaves rate stable this will rally.. otherwise..
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