Get started
RyanBothFX

Potential Short AUDUSD

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
RyanBothFX  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
With the Daily candle coming up to the 200 Day MA and the 23.6 mark on the Fibonacci retracement at the same point we could see a rejection of this level. US seeing some strength within the Dollar from Trump looking to make a change for the next Fed chair, which seems the possible candidates been very hawkish towards investors and all for possible rate hikes. Wait to see rejection at this level and confirmation before thinking of taking this trade.

Thank you

Trade_Like_RyRy
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.