Global_Markets_Analyst

AUDUSD long term weekly short

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
This weeks candle ended a shooting star off the retest of a previous support area and support trendline retest, after bouncing off the bottom of the box range, which is identical to the previous range.i expect price to head down to next supports which may turn to resistances in the future. These are confluent with the box ranges and fib extensions -0.27 and -0.618. Downside targets for this pair are 0.7000 and then 0.6300

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