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TheAnonymousBanker
Sep 22, 2016 11:49 AM

AUDUSD: WHAT'S NEXT? 

Australian Dollar/U.S. DollarFXCM

Description

If you recall, the RBA statement was relatively neutral with the central bank saying "recent data suggest that overall growth is continuing, despite a very large decline in business investment, helped by growth in other areas of domestic demand and exports. Labour market indicators continue to be somewhat mixed, but suggest continued expansion in employment in the near term."
Technically speaking, this pair remains for us a great trading opportunities in the short and medium term (bullish and bearish). We look at today's close before taking a decision, and if the conditions are met, we will enter in the market. At the time we look at the American session.
If this idea is attractive to many traders, we will post an update later ...

Thank you for your support and trade with care!

Comment

Comments
SaifurRahman
Thanks Carlo. Your ideas are spot on 99% of the times.Unbelievable!
Smiley8080
What is next....thank you.
Niverto
happyluckydog
thanks. aud start to fall!
RrrussT1
.7660 is a Resist level.
RrrussT1
It depends on continuing bad US News?? Perhaps sideways CHOP?? Sideways & break the channel and short... ?
StalinFX
Thanks for sharing :)
ZawOo
Any update on this. I am interested in the downside. Thanks a bunch!
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