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FxArena
Feb 15, 2018 5:22 AM

#AUDUSD Still in sellers territory Short

Australian Dollar/U.S. DollarFXCM

Description

Even though market looks like buyers into the market, I suppose actual FX:AUDUSD 0.10% market situation is selling. Because after long up trend the market went down for the last week and it broke through major support line and market went to the sellers area. now it's completely control by sellers. even buyers come to the market at this situation, I suppose those are fakers to trap.

Comment

Even though market looks like buyers into the market, I suppose actual FX:AUDUSD 0.10% market situation is selling. Because after long up trend the market went down for the last week and it broke through major support line and market went to the sellers area. now it's completely control by sellers. even buyers come to the market at this situation, I suppose those are fakers to trap.

Comment

According to previous analysis market came back to the sellers area again now.

Comment

Fakeout was happened

Trade closed: target reached

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