Hello buddies,

let's look closer at AUDUSD, here are my notes:

  • we can see from July channel down
  • yesterday market broke strong Support at .9200
  • so we can conclude that Aussie is in Downtrend
  • this scenario is also in accordance with a strengthening USD sentiment
  • but watch for strong Support zone around quote .8950
  • we´ll see if Bears will break it - otherwise there can be pullback Up to .9250

Good luck and good trading to all of you!
StuneFx

Translate to English Show original