xtraderfx

AUDUSD - A FEW IDEAS I PUT TOGETHER. MY OPINION ON THIS PAIR

FX:AUDUSD   Australian Dollar / U.S. Dollar
Thought I'd share what I'm looking for on this pair in the coming days, weeks. There's a broadening wedge forming thats right below a daily trend line . If PA breaks this trend line there might be a possible opportunity to get long. If price bounces off the trend then you can look for a shorting opportunity possibly back to the .70107 area (my support level ). From there a possible continuation of the ongoing downtrend or a rally back up to the .74183 area. This is just my personal opinion, Anyone with there ideas please share, as well as any criticism. Thanks
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