TimStuyts
Long

AUDUSD potential correction

FX:AUDUSD   Australian Dollar/U.S. Dollar
169 2 7
The AUDUSD             is about to start a correction. Price reached a major zone determined a long time ago shown by means of the blue dotted lines. We see a lot of divergence but that's only an indication. If price breaks lower the whole potential reversal process will start all over. However I like to see this price action settle for a significant consolidation which will present at least an short term buy trade. If it makes another bearish impulse we need to adjust short term and look for the next consolidation.

updates will follow

http://www.timstuyts.com

www. facebook             .com/timstuyts
great I will try to catch that trade
+1 Reply
Agreed brother
AUDUSD
+1 Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out