TradingView
Rayyan_2805
Mar 28, 2019 8:13 PM

AUDUSD Following Trend Channel Short

Australian Dollar/U.S. DollarFXCM

Description

Possible short for AUDUSD. The price has been respecting this trend channel for the last few weeks and we should see further continuation of the trend towards the next minor support within the channel. Due to the incoming strength from fundamentals I am expecting the Aussie dollar to gain significant strength thats why I'm predicting this price to go up after hitting the minor support and to also break the trend channel. Keep an eye out as I will be following this pair closely. The price has also been moving below the 200 and 50 EMA indicating a short bias. FX:AUDUSD

Comment

**IN PROFIT**

Comment

**SPOT ON**
More