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Olu
Apr 8, 2017 1:34 PM

AudUsd: Bearish Because Of Strong $ Short

Australian Dollar/U.S. DollarFXCM

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Comments on the chart

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Price is on the move now...

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Price is still finding support on the 50sma. Still looking llower

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Price more or less churned around last week. I am still bearish. A trigger of some sort is needed to find new price levels

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price has fallen below the 50sma line so my primary target is the lower boundary of the structure at 0.7160 area

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boom . comvincing close below the 50sma on this weekly chart. Price is bearish
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