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ManfredvonRichthoffen
Jul 11, 2022 11:44 AM

AUDUSD Short Idea Short

Australian Dollar/U.S. DollarFXCM

Description

Seems the USD remains in the top this week while the AUD is starting to decline.
It is a bit risky because still the AUD is 3rd performing from the majors for now but if it breaks the support at 0.676 it will be going down.
Comments
JoeChampion
Excellent overview, based on recent. stock market downsides i think AUDUSD should continue to collapse!
ManfredvonRichthoffen
@JoeChampion, thanks. I use a formula based on my research for ranking the majors on an hourly and daily basis. Based on that a graph is made and it gives a pretty good idea on how things are looking into the majors world.
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