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NoahXBorg

AUDUSD Sell On Strong USD

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
NoahXBorg  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Support and Resistance Pivot Points Trend Lines AUDUSD audusdshort audusdsignal audusdforecast audusdanalysis audusdsetup audusdbearish audusdsell audusdidea
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supportandresistance pivotpoints trendline audusd audusdshort audusdsignal audusdforecast audusdanalysis audusdsetup audusdbearish audusdsell audusdidea
Look to go short if USD were to strengthen (Since AUD is closely Linked to Gold, It could have a profound effect on this pair compared to others if XAU/USD were to continue lower)
Here is my analysis on DXY:
USD Super Strength Expected

Short on these confluences:
  • Retest of Pivot Zone
  • Retest of counter-trend Line (RED)
  • Break and Retest of Level 0.72000
  • Bearish Structure
  • Retest on FIB level (Best 61.8%)
  • Break of minor counter-trend line (Once formed from retracement)
* Best trades would be on 2 or more confluences
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