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FUNTRADER-Vera
Jul 12, 2018 3:20 AM

Update AUDUSD: bear still on daily chart Short

Australian Dollar/U.S. DollarFXCM

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Traders,

Aussie is still bear on daily chart even though we found a broken trendline that sent it back to retest 0.748 position.
A evening star pattern on daily chart appear. That is a strong bear sign , meaning the bear is not going to finish yet.

Aussie has a possibility of testing 0.723 , a new low in 1-2 weeks. Now we are waiting for entry signal to join that short trade.

Less is more!

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