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theforexportal
Mar 27, 2017 8:00 AM

More weakness to come for the AUD Short

Australian Dollar/U.S. DollarFXCM

Description

Week commencing 27/03/2017

Traders Dynamic Index
DTD Bearish
H4 Bearish
H1 Potentially moving north out of oversold

Structure
Neutral

Current outlook
Probably Bearish

Trade idea
Looks Bearish overall but the H1 TDI suggests possible recovery but .7670 will need to be taken out.
Look to SELL this pair down to .7500 where support may be found.
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