Marto_Jekko
Short

$AUDUSD the big picture

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
I was doing my research on this pair, and noticed good match up with the Fib retracement. The start high price is 1.4885 which happened to be somewhere around 1976. The lowest price was 0.4829 somewhere in 2001. Between 2001 and 2014 USD was weak and retracted to 1.10xx area which align with 0.382 fib level.
Since then we see continuation of the general downtrend. Applying fibo extension shows levels of $AUDUSD 0.20xxx and 0.066xx.

Please do your own research, use Stop Loss or hedge to trade

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out