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One more good trade!? | AUDUSD
Australian Dollar / U.S. Dollar
Short
One more good trade!? | AUDUSD
By ForexTrendline
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Jun 12, 2020
5
7
Cheer
Cheer
45
45
Jun 12, 2020
On June 10, we did an analysis of AUDUSD before the Fed, expecting the price to go down.
We already see this movement and expect its progress.
On H4 we have fixing of a new peak again with bearish engulfing and breaking of the previous bottom.
Yesterday the price reached 0.6796. As we now expect a test of the broken levels at 0.6905 and the continuation of the downward movement.
Support levels:
0,6697
0,6597
0,6472
What do you expect, do you have active trades?
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