sahinrecan

AUD USD , DXY Takes its toll

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Not a Prof. at audusd, my knowledge is limited, but we have a rejected AUDUSD both in Weekly EMA200 , RSI is overbought, weekly return expected to 50ish. Austrlian Central Bank made its move, DXY ready to swing into 99ish area, weekly RSI to 50ish-

it will surely have a toll on AUDUSD. I'd say short until end of September2017 - TP 0.748 area.
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.