fib levels for AUD/USD on daily

Australian Dollar/U.S. DollarFXCM

Description

⋅ Oct 20, 2013 12:37 PM

Bears please note the .50 fib level and the 200 DMA coming up.

Not sure where to get back long on this... maybe after a trip back to 0.9500?

Your thoughts please?

Comments

titi

⋅ Oct 20, 2013 1:10 PM

This is what I see, a cup and handle formation. Maybe a pull back to the neckline of the cup and then up