AUSSIE SHORT OPPORTUNITY Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jul 10, 2016 12:56 AM

AUDUSD COMING TO IMPORTANT HIGHS UPON WEEKLY RESISTANCE AT 0.75600 AND 78.6% FIB

MACD DIVERGENCE SUGGEST AUSSIE IS RUNNING OUT OF STEAM AND SHOULD DROP TO NEW LOWS UPON 0.72000 AND BELOW

1:4 RISK REWARD HERE TO -27 FIB EXTENSION