EuroMotif

AUDUSD bounce is done? AU possible double top at Resistance

FX:AUDUSD   Australian Dollar / U.S. Dollar
AU might be done with its bounce caused by USD weakness.
Dovish Fed helped to pull down the Dollar across the board.
RBA is expected to cut, so expectations are equal for both.

AU was already at support and bouncing when FOMC happened.
The added fuel carried it to next resistance band around .6934.
Even in case of trend reversal, a retrace to .687x is expectable.

See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.

XAU.USD bounce call (perfect entry, huge profits)
USD.CAD top call (warning just in time)
EUR.USD top call (warning just in time)
GBP.USD dip call (just in time, quick 70 pips)
XAU.USD rally call (caught most of the spike)
Silver Bounce call (Perfect entry, still in play)
DXY Topping call (Upthrust warning just in time)
SPX recent Top call (Fib extensions at work)
SPX recent Bottom (perfect timing and price)
XAU.USD long to short (recent perfect entries)
USD.JPY short to long (recent perfect entries)
EUR.USD long term Short (the very tippy-top a year ago)
AUD.USD long term Short (almost at long term target)

Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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