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AUDUSD - SHORT - 4H/Daily - Price respecting technicals
Australian Dollar / U.S. Dollar
Short
AUDUSD - SHORT - 4H/Daily - Price respecting technicals
By MayerFX
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Feb 26, 2018
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Feb 26, 2018
On the weekly period, price has been ranging between parallel Support and Resistance, it appears to be going back down to test the lower level.
Price is approaching a previous horizontal support + the 38% fibonacci level which provides significant resistance.
AUDUSD
Candlestick Analysis
Fibonacci
short
technicals
Trend Lines
MayerFX
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