FX:AUDUSD   Australian Dollar / U.S. Dollar
36 2 2
If we look at AUDUSD             on the weekly charts, we can see that the pair has been in a long-term decline, and is currently experiencing a Fib 68% retracement.

However, when we examine the pair on the Daily chart , the short term trend is up since Jan 16, and price could be retracing to Fib 68% (0.7210).

If 0.72100.7200 holds, we could see price go higher. If the level breaks, then price likely to fall to 0.6900.

Weekly view
Trade closed: stop reached: Closed only because I moved the SL
Comment: Will look to re-enter
On review, this was a valid trade.

I moved the SL to BE and damn I got stopped out!!! Otherwise trade would still be open.
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
AR العربية
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