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SamGerman
Mar 13, 2017 10:50 PM

AUDUSD Bearish Action Short

Australian Dollar/U.S. DollarFXCM

Description

Using Fib and Support and resistance to determine this bearish move, could however bounce off the support of 0.7500 in which we would be looking for confirmation to buy, however we are currently looking to break this barrier and continue down to a possible 0.7300-0.7300

Comment

If we bounce from the 0.7500 I will be taking profits and then waiting for confirmation to buy.
Comments
TFrank_1
Amazing risk/reward
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