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FullTimeTrader
Apr 15, 2015 11:34 PM

AUDUSD-triple bottom with divergence Long

Australian Dollar/U.S. DollarFXCM

Description

My overall bias for the USD is bearish for the next days. Today the USD weakened against other currencies and i expect more negative news next days. This pair may also make a deeper correction before continuing the downtrend.

Weekly chart analisis for this pair:


Here we can see a triple bottom pattern with a bullish divergence. I expect a pullback at least to 0.8000

Best regards.
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