DavidOcean84

DavidOcean84

Hey peoples, this idea comes off the back of a really weak Aussie in the last couple of days and I don't think the trend will reverse just yet until the US comes to a decision on interest rates. I playing a FIB short retrace with entries at the .5 and ideally the .618 levels as shown. That's it basically SL at around .7525 as if it gets to that level the retrace...

DavidOcean84

*My first published idea testing it out :) Although I'm still long term bearish on AUD due to the continuing fall of commodities as related to China and Australia's association in those exchanges and the Australian government wanting a lower AUD to increase foreign investment technically I would suggest a small correction could be possible here for the short...