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KaltoireCapital
Jun 21, 2020 12:32 PM

AUD/USD Price Outlook; Bears confirmed? 

Australian Dollar/U.S. DollarFXCM

Description

AUD/USD has done a very strong rally over the last 3 months. But, it seems like a reversal has happened in AUD/USD. Repeated Failures to break the 0.7070 level has strengthened the bears.

Looking at price action, the chance for a drop to 0.66 is increasing. So, the best trading plan would be to sell the rallies.
Comments
jtayeh
will, I am waiting for the break up !!
Sirsiu
Looks like it tried to break resistance 3 times.
Is it possible there will be a 4th try? Or just 3 usually?
ProjectSyndicate
looks good to me. detailed overview.
here's my take on the QQQ for this week.
QQQ D1 WARNING: maxed out / 30% correction up next(NEW/UPDATE).
KaltoireCapital
Refimadon
Great outlook, I'm looking to enter around 0.66796 downwards.
KaltoireCapital
@Refimadon, That is great. Thanks for sharing your entry
MuhammadHadi304
Great
KaltoireCapital
@fahim76, Thank you
maymand
Great analysis thank you
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