Fxprotrader

AUDUSD Watch This Zone For Buy Setup

FX:AUDUSD   Australian Dollar / U.S. Dollar
Last week i had a losing trade on AUDUSD             , a bearish butterfly pattern that didn't worked well. The pair broke a key resistance level and i was expecting a pullback before continuing its way up. Now i will sit back and wait for price to retrace and test a key zone, and if any buy setup forms i will go long.

I will update this post when any setup with value is about to complete.

I think it will come down towards 0.733 after hitting 0.78 all depends on new patterns.. it has left many bearish patterns.. but due to strong momentum and more and more sellers.. market is take it high up but ultimate target will be 80.. For now market has made base at 0.74 an i dont expect it to crack easily.
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Fxprotrader newbie2016
Well spotted..!
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newbie2016 Fxprotrader
For now shorts will play good in between 0.758 and 0.765... for 0.74 target...
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A little more push to the upside( 50 to 60 pips) is appropriate before reversal , I feel dude !!
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Fxprotrader waterman
If you are in with buy i hope it goes up for 300 pips more before reversal :) But i will have to wait a little longer for my buy setup..!
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