tradercentral

AUDUSD Daily Chart Short

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Long positions entered at DAILY SMA600 and they close a big part of the Profit at Daily SMA300
So I expect a down move next week before the up move can continue.
Also, there are more 4 indicators like Bollinger Band, Stochastic Oscillator that show that next week needs to be some down movement, the stop loss I suggest is big enough to handle a sneak attack to a new high.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.