Trade of the day. Sell AUDUSD as upward momentum has faded

FX:AUDUSD   Australian Dollar / U.S. Dollar
A few notes about this chart in point form backing my argument.
1. MACD crossover possible after bouncing below off the MACD trend.
2. Importantly Relative Strength Index which has been climbing even after the AUD has spiked downwards to the upward support has finally broken down AND may fall below the historical declining strength trend. On the other hand it may act as the support.
3. CCI is not oversold.
4. Price has bounced below from the 200 day MA and is now at the juncture of other MAs plus at weekly support.

The trade: Sell ONLY if there is a break below the current upward support. Stop loss above 200 Day MA.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out