FX:AUDUSD   Australian Dollar / U.S. Dollar
Price is respecting a lovely trend line TL, and price isn't far away from key support but with the current weakness with AUD we are expecting price to push its way through this strong support and although the USD isn't that strong at the moment we feel it is still too strong for AUD.

So if we get a break of support then SHORT the hell out of it as it could drop a fair way.

Comments

alternative way to play AUD weakness is vs NZD and cuts out the risk of a dovish Fed meeting later tonight

Just an idea!

+1 Reply
ApexFX_Pro forexTrdr
@forexTrdr, it’s an idea that I will look into 👌 cheers mate.
Reply
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