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rauan
Oct 7, 2015 1:48 PM

AUD/USD 0.7232 -> 0.7140 Short

Australian Dollar/U.S. DollarFXCM

Description

AUD/USD on Wednesday technically tested long-term resistance 0.7232 which was projected on Weekly timeframe from historical low and confirmed on intraday chart as the upper line of ascending channel (green).




AUD/USD entry signal is test and break of lower line of green channel in 0.7200 area. First sell target is set at 0.7140, previous hourly channel.

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