AudUsd should drop to at least 0.75

FX:AUDUSD   Australian Dollar / U.S. Dollar
Aud was one of the strongest currencies in the last semester of 2020 with AudUsd rising around 13% from 0.7 to 0.78, which is enormous for a major Forex pair.
Now the pair is hovering under this 0.78 and seems that it found a top.
A spike above 0.78 and a stop hunt above this level is not out of the question but in the medium term, Aussie should dive to at least 0.75.
Prices above 0.78 should be sold in my opinion
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My bias is to the downside as well
+1 Reply
OptimoomFX Fisher_Fx
@Fisher_Fx, The problem is SL on this trade, can have a spike up, but 0.75 is inevitable
+1 Reply
perfect call here! waiting for it!
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