FX:AUDUSD   Australian Dollar / U.S. Dollar
59 views
2
59 0
There is a short wedge forming for AUDUSD which I would believe is setting up for a downtrend. The price is currently around the 0.786 retracement and I would look the downtrend to go towards 0.7333 (fib 0.618), which is an area that has shown support and resistance previously. If this trend does breakout upwards, I would however look for it to go to 0.82, which is 1.272 retracment and a previous high.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out