4EX4EVER

Aussie going down under?

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
3
For the last two months we've seen a very strong rally on this pair. Price action it's been bouncing around a well-established channel. But is it over?. If we look at the bigger picture the long term trend is down and a retest of former support turned resistance at 0.7582 could mean resumption of the original.trend. Short at 0.7575. SL at 0.76. Target 0.7326.
May the Market be with you.
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