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SoloTraderAU
Aug 10, 2018 8:53 AM

AUDUSD still bearish Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD is free falling in the last few hours causing the MACD crossover occurred.

We simply measure the price range of the converging green lines, and confirm the TP is somewhere in the demand zone (0.715 - 0.718)

We can also use chikou-span to tell us our targets as well, somewhere between 0.7172 - 0.7183

All the best.
Comments
bentrinh2208
bentrinh2208
@bentrinh2208, I have a similar view too.
SoloTraderAU
@bentrinh2208, Good channel
SoloTraderAU
@bentrinh2208, Target 127.2% Fib Channel
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