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Mar 30, 2018 11:25 AM

AUDUSD: trend review 

Australian Dollar/U.S. DollarFXCM

Description

Dear traders.
Let's see Aussie movements in future.

AUDUSD moved down starting from 0.7915. It dropped more than 260 pips till today. AUDUSD created downside trend channel at 0.7768. This channel's upper border is 0.7977. Now, it is moving among this channel.

I think, it will retest upper channel. Because, it couldn't break bottom line of this channel for some times. It may move to 0.7800.

IMPORTANT LEVELS:
UP: 0.7770 , 0.7800 , 0.7890 , 0.7920
DOWN: 0.7640 - if it will cut then next targets: 0.7640 , 0.7560 , 0.7533 and 0.7495
Comments
RodrigoBalbinot
how to configure MACD with trend lines?
PremiumFX
@RodrigoBalbinot, mostly I use MACD for divergence and convergence.
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