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Short

Aussie breaks major support at 0.7370, targets 0.7300

FX:AUDUSD   Australian Dollar/U.S. Dollar
360 4 9
AUD/USD             has broken major support 0.7375 and this confirms short term bearishness , decline till 0. 7300             cannot be ruled out.

On the higher side minor resistance is around 0.7400 and break below will target 0.7435/0.7470.

Overall bearish invalidation only if it closes above 0.7500.

It is good to sell on rallies around 0.7400 with SL around 0.7435 for TP of 0.7310.
wait for 0.7515
Reply
It is good to sell on rallies around 7400? Isn't there a mistake? Good to buy around 0.7400 ?
Reply
No sell on rallies
+1 Reply
Hey! Nice setup. btw, what do you think of NZDUSD?
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