OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD has failed to break the so called resistance and a trendline is forming thus we will wait for a 3rd touch to form and possibly sell on it's break downward. Moreover, fibonacci levels are precisely respected. Will it succeed in breaking the uptrend ? Remember that this one could be in a corrective wave before the storm as the USD can possibly be failing following a bad economy management.

If you like the idea, support us with a like and a follow

Trade safe !

MacroForex

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.