TimStuyts

AUD has a decision to make

FX:AUDUSD   Australian Dollar/U.S. Dollar
136 0 5
AUDUSD             is finally moving lower although there are no confirmations yet that the bearish trend on daily time frame is leading again.
I will be looking for this current consolidation to end for a possible sell trade. If we see a 5 wave pattern lower and a break of the lower structure line we need a continuation to confirm that the trend is bearish again.

Until that happens, 0.80 and maybe even higher is still on the table short term.
snapshot


http://www.timstuyts.com

www. facebook             .com/timstuyts
Comment: AUDUSD played the range almost to the pip as shown by means of the arrows. However we didn't break lower yet. If it settles we can look for another short continuation.

snapshot
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out