Posted in Analysis

AUD/USD: Reversal


AUD/USD Bearish: Currently we are at 0.6855 in the start of a reversal (USDX flipping). We are looking to short the to the 0.382 Fibonacci at 137.38/ATR target at 0.6822 and then on to the square up at 0.6790. WATCH THE USDX for more clues. The ATR is 47 Pips per day.

 

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