AlexxChan
Short

AUDUSD finally heading back down?

FX:AUDUSD   Australian Dollar/U.S. Dollar
Looking at the daily and weekly trend, AUDUSD             is clearly in an overall bearish market. After hitting lows of 0.6830 during mid January before heading back up, AUDUSD             made a clear stop at 61.8% fib levels on January 28th. Could this be the signal we've all been waiting for? A beautiful spinning top could be seen forming, and what I can expect from this pair is a drop to AT LEAST 0.70168 levels will hopes of passing by the previous lows of 0.6830.
Comment: Trend line is broken on the 4hr chart
Good one here....
+1 Reply
Nice chart mate!
+1 Reply
AlexxChan Piet.Hein
Thank you!
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