FX:AUDUSD   Australian Dollar / U.S. Dollar
61 0 3
We have had our eyes on AUD/USD             like a hawk over the past few weeks, waiting for the perfect short opportunity as it approached a weekly descending trend line and monthly key support. However AUD/USD             turned bearish sooner then we thought helped by the bank of Australia cutting interest rates. The pair went on the break and close below this ascending trend line on the daily, Our next downside target for this pair is 0.69915 which aligns with monthly support zone (blue area) This short set-up is for those who missed the break and still want to enter.

WARNING: strong AUD news is scheduled tomorrow! (5th may) which will make the AUD/USD             pair very volatile to trade, this setup does not take into account the fundamentals and purely price action analysis.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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