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GrowingForex
Apr 22, 2017 10:04 AM

weekly outlook 24th-28th April 2017  Short

Australian Dollar/U.S. DollarFXCM

Description

Hey Guys
~AUD/USD is among the list which i'm gonna target this week.
~As you guys can see on the chart that pair is inside the correction structure with almost heading
on the direction of 1'o'clock.
~We don't see any Impulse wave that breaks the previous high.
~We are definitely looking for a break southwards,with price hovering around the resistance area
where we think the sellers are sitting so you guys don't forget to catch this big move.
~Although a break above the bearish channel would change the idea.
~I'll be updating this pair throughout the week so stay connected to us.

Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.

Good Luck...!!
Regards,
Growing Forex Team


Comment

Hey Guys here a visual of the lower time frame for better understanding the only risk is the news tomorrow. try and catch the big move instead of a small. goodluck

Trade closed: target reached

price reached at support
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