SonicDeejay

AUD/USD Daily Update (30/8/17) *Bull is strong for now

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
This pair is in the strong BULL momentum.
I will advise traders to careful with their short positions.

Momentum is on BULL side as long as the price is above 0.7930 level.

Watch the level/region closely, not sign of BEAR as long as the price is above.

In the longer term, I expect AUD will go alot lower.

s0nic






Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because I'm not monitoring this chart all time.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.