fractal_trader
Short

AUDUSD Sets Up Sell Signal

FX:AUDUSD   Australian Dollar / U.S. Dollar
59 0 0
Similar to the NZDUSD             Fx Pair, AUDUSD             also shows a sell signal to continue its overall downtrend. Previously it was sent up into correction by 2 divergences, than Supply came in and wouldn't let a week close above 0.7750. That makes for a strong resistance level which could be the highest high of the correction, after which price will take a sell fractal to continue down to make new lows.
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