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Justin_Top
May 20, 2014 7:30 AM

AUD / USD - Breaking down the Tentative Up Trtendline Short

Australian Dollar/U.S. DollarFXCM

Description

AUD / USD - Breaking down the Tentative Up Trtendline.
Is the AUD or USD move.
See below the links AUD / JPY and AUD / CAD
Comments
Baiazid
AUDUSD might fall:

1. Standard & Poor’s has warned Australia’s AAA credit rating could be reviewed unless significant cuts are made to the budget

2. China is importing less Iron Ore

Today we can expect some movement over
(AUS) 11:45am CNY HSBC Flash Manufacturing PMI
If report is below 50, means contraction and might affect AUD

FaultyKid
I added my forecast to your chart, I'm looking enter Depending where this week closes or maybe even today's candle. Here are the entries I'd take depending on price.
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