Australian Dollar / U.S. Dollar

Short

AUDUSD C-RETRACEMENT at fib 38.2%

Updated

AUDUSD expecting bearish momentum for now. 0.7490 had been a strong barrier. Price spike through and failed to close above it.

Target will be at 0.7190. It also my FIB D-EXTENSION for now.

Enjoy your day!

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We may see something like this.

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FOMC just push AU to it direction. Still bearish overall.

Trade closed: target reached

Manage to catch some pips. Technical Analysis may predict the movement for fundamental.

Do your best on technical analysis.

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Daily chart reached weekly support 0.7225. Nice FIB ABCD

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