WengJeff

AUDUSD C-RETRACEMENT at fib 38.2%

Short
WengJeff Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
4
AUDUSD expecting bearish momentum for now. 0.7490 had been a strong barrier. Price spike through and failed to close above it.

Target will be at 0.7190. It also my FIB D-EXTENSION for now.

Enjoy your day!
Comment:

We may see something like this.
Comment:

FOMC just push AU to it direction. Still bearish overall.
Trade closed: target reached:
Manage to catch some pips. Technical Analysis may predict the movement for fundamental.

Do your best on technical analysis.
Comment:
Comment:

Daily chart reached weekly support 0.7225. Nice FIB ABCD

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.