DavidOcean84

Aussie Dollar Short and Possible Retrace

FX:AUDUSD   Australian Dollar / U.S. Dollar
40 0 1
Hey peoples, this idea comes off the back of a really weak Aussie in the last couple of days and I don't think the trend will reverse just yet until the US comes to a decision on interest rates. I playing a FIB short retrace with entries at the .5 and ideally the .618 levels as shown.

That's it basically SL at around .7525 as if it gets to that level the retrace play is over and perhaps the start of a small recovery from the Aussie but overall I would say this is going down to at least the lowest low shown here and further.

As always trade with caution and best of luck thanks guys also BTC             tips greatly appreciate if this helps with direction etc thanks again
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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