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Next downside leg visualised on AUD/USD...

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
After some recent success on this pair its time to have a look at the next forecast. 0.7100 seems to be an ideal region for the pair to pull back up to before taking another plummet lower.

The long term monthly downside target still remains at 0.6700 but we can see more manipulation coming around these daily moving averages. Lets see if we can get a further pullback before going short.

Still lots more of volatile US action in terms of fundamentals coming this week so make sure to trade safe.

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