AUDUSD Trending Down
Clearly the strongest trend in fx majors now. The AUD is getting overbought, so another leg down is likely to develop. Is the 0.8 level going to be hit? Well, I don't know, but 0.805 is possible, if bearish momentum grows.
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There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
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Disclaimer:
There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
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