AUD/USD
Momentum is bearish. AUD had a very good rally
from 24/1/2014. Time to pause and correct.
With a bearish engulfing, Below the 10 and 20 sma.
Breaking the uptrend line from 3/4/14.
Support :
0.93320
1st Target 0.930
Channel, 100 sma, double top 1/4 - 4/4
Stop at 94
Momentum is bearish. AUD had a very good rally
from 24/1/2014. Time to pause and correct.
With a bearish engulfing, Below the 10 and 20 sma.
Breaking the uptrend line from 3/4/14.
Support :
0.93320
1st Target 0.930
Channel, 100 sma, double top 1/4 - 4/4
Stop at 94
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.
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.