Invezted

Aud/Usd Roadmap for 29.06.15

FX:AUDUSD   Australian Dollar/U.S. Dollar
167 0 4
Context:
Price broke the support of 76930 on high momentum as the downside selling increased we formd a indecision level at 76460 price moved up to the indecision and rejected its mean at 76460 which holds the chance for a setup to take a long , but the overal sentiment is still weak till at least the next supplyline is taken out..

Trading Opportunities:
Long:

Retracement at the mean of 76460

Short:
Retracement at broken support 76930
Breakdown + pullback at 76460

Signs of strength:
Indecision cleared to the upside
mean of indecision got rejected

Signs Of weakness:
brokens support
increased downside momentum

Support:
76460
76300
75600

Resistance:
76580
76930

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