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CryptoPAMM
Feb 26, 2015 1:14 PM

AUDUSD CORRECTION DOWN Short

Australian Dollar/U.S. DollarFXCM

Description

THERE ARE A LOT OF FACTS POINTING OF THE BEGINNING OF AN UPTRNED. HOWEVER, FIRST WE COULD SEE SOME WIDE RANGING MARKET THAT WOULD BRING AUD BACK TO THE KEY SUPPORT LEVEL AROUND 0.78. IF HOLDS, NEXT UPSWING SHOULD HIT 0.7930. AT THE SAME TIME WATCH OUT FOR THE BREAKOUT OF THE RECENT HIGH, THAT WOULD POTENTIALLY PROVOKE A RALLY UP BEFORE HITTING OUR SUPPORT
Comments
GabrielSebastian
looks interesting, however, I am seeing a low angle channel uptrend making higher highs and higher lows since 2/10. Ill keep your analysis in mind though. Thanks!
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