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AUDUSD Bearish Continuation

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
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FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD dollar USD Bearish Patterns downtrend SELL fib 61.8 Technical Analysis nfp ratehike
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audusd dollar usd bearish downtrend sell fib 61.8 technicalanalysis nfp ratehike
Hi traders,

We saw a solid dollar rally late last week following the strong NFP result. The 270K+ figure will likely increase the possibility of a Fed rate hike in December (at least in many participants eyes). If we see Aussie rally, then I will be watching the 0.7080-0.7110 zone for an trend continuation opportunity to target 0.70 flat.

Good trading.

Luke
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