AUDUSD is a Wait-and-See...

FX:AUDUSD   Australian Dollar / U.S. Dollar
Hey Everyone,
So AUDUSD             has been the talk of the town lately with its amazing rally the past few days.
A lot of people in the chat are wondering when it'll reverse so they can catch the drop with a short position.
Well, at the moment I'm staying neutral on this one until a few more price action confirmations show themselves.

It seems like AUDUSD             has enough steam to reach the 50% fib level at 0.7495.
If it sees that level as resistance it has a good chance of falling back to the 38% fib for support (which was once resistance)

This is why I'm neutral at the moment. Price can possibly range between the two fib levels or rocket off again from the support level . We'll have to wait and see until some levels are broken before I put any sort of bias on direction.

Well....the long term BEAR trend is still intact. The 365 ema hasn't been touched for a long long time.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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