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ChinaHelloWorld
Feb 13, 2024 10:07 PM

Short AUD/USD Short

Australian Dollar/U.S. DollarFXCM

Description

Previous Long AUD/USD strategy got broken even though RSI, SlowStoch are both in over bought level in daily time frame, so, think another way, it could be a strong dropping.

There is one long term down trend channel and the price is moving back and inside the big down trend channel top area, it would still have big dropping room inside this down trend channel.

Short AUD/USD and target profit could be in 0.606 or 0.583 on April 26 2024.

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