PSamos
Short

AUD/USD - Nearing Major Resistance In 0.7380 - 0.7345 Zone

FX:AUDUSD   Australian Dollar/U.S. Dollar
For Educational Purposes Only.

Price is approaching major resistance up near 0.7380 - 0.7345-50 area. If weakness is shown in this area, I would look to Sell on either a counter trend trade back down towards 0.7215 from current levels with the stop just above previous high near 0.7345 or, a more longer term trade with a sell back down towards 0.7155 from current levels with a more wider stop possibly several pips above 0.7380.

AUD is at a major resistance on the Futures contracts and the US Dollar             is looking quite buoyant.

Mood: Bearish .
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out