Get started
Trading2ez

AUD/USD likely to fall!

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Trading2ez  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Wave Analysis Technical Indicators audusdsell audusdanalysis volumstudies audusdshort audusdtrade audusdforecast swingsetup daytrade
7
1
trendanalysis waveanalysis indicator audusdsell audusdanalysis volumstudies audusdshort audusdtrade audusdforecast swingsetup daytrade
Hey tradomaniacs,

recent news have caused a huge stop-hunt at the topside of the range which is a strong indication of a move down.

If the current breakout continues and we see more momentum we can expect price to re-test the market-up support-zones.

Be cautious as we are going to see NFPs tomorrow, means price can stay choppy until then.

What do you think?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.