HMI
Short

AUDUSD - Selling opportunity setting up.

FX:AUDUSD   Australian Dollar / U.S. Dollar
This will be the 3rd time the market is trading this area, with alittle bit of bearish price action and also the USD Index in a good place to trade up I am expecting to see this pair trade down to the lower bounds of this triangle/pennant pattern. I will look to take off half my position at the lower trend line and then watch the price action around this 0.7630 area. If we see more bearish price action then I would expect to see a break down lower with the pair looking to test the 0.7587 region. My second profit target would be 0.7693. A close above 0.7750 would the bearish theme no longer. Stop is set at 0.7735
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out