FX:AUDUSD   Australian Dollar/U.S. Dollar
155 1 6
Auzzie smashed through weekly support 0.7558, it should retest it and drown to monthly support 0.7450. As the weekly support 0.7558 rejects bulls to make new high or break previous support, it's a good sign to short and go with the flow. MA's crossed over, Strong bearish signal. But if prices open above weekly support, and after re-testing it, and it stays closes and opens above, then auzzie might go back to Monthly resistance 0.7665. Anyhow for the most part pay close attention to the Weekly support 0.7558!

Related Ideas

double bottom on H1, do you think it will goes back up to monthly resistance now?
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