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Jul 23, 2019 8:01 AM

AUD USD 23-07 Analysis  Short

Australian Dollar/U.S. DollarFXCM

Description

Australian dollar fell as the dollar continued to strengthen;

Stoch seem reach oversold level at 4 hour and RSI break below 50 level;

Aussie today's fluctuation range of 0.69950-0.70650.
The short-term trend of Australia and the United States maintained a downward trend. The intraday trading proposal was short-selling below 0.7035 , and the target was around 0.70000.


*This is based on current market conditions which can change any time. All trades taken at your own risk⁣
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