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Final Destination

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
dailyfxinfo  
FX:AUDUSD   Australian Dollar / U.S. Dollar
1
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AUDUSD is very close to strong falling resistance. Indicators are also confirming the reversal of this final move. I am expecting the parity to retrace to 1.041 before it makes it final move to 1.052. Possible break of the wedge takes us to ~1.000 level, which I believe will act as a phsycological support. A retracement back to 1.020 will be the final rise of $AUDUSD before it reaches the final destination of ~0.9700 level....

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