Rejection off Downtrend channel
Failed to break through 0.76 resistance and find support above it
On Other side DXY broke through strong resistance and found support above it. We will see upside movements from DXY, expecting other currencies to drop against it
For AUD / USD short Entry: 0.76
Target 1 : 0.754
Target 2 : 0.74768 (if it breaks through Trend-line)
Failed to break through 0.76 resistance and find support above it
On Other side DXY broke through strong resistance and found support above it. We will see upside movements from DXY, expecting other currencies to drop against it
For AUD / USD short Entry: 0.76
Target 1 : 0.754
Target 2 : 0.74768 (if it breaks through Trend-line)
Trade closed: target reached
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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.