As explained on my previous post. AUDUSD had a good ROI. We still have a bit of room to push to the downside before taking off to the upside to previously explained target. Don't miss out..
AUDUSD trade has paid well if you took my analysis. NOW, it's time to surf with the overall trend. Short target 1 at 0.6708 and target 2 @ 78.60%FIB level of 0.66575 before taking a medium term swing to the upside where my first target will be 0.6838 and my last target which is also my sell limit at 0.69.
Looking into one of my favorite pairs. The overall trend is down but I favor short term uptrend. We came down to a minor support of 0.65638 before bouncing off. My first target to the upside is currently 0.682 and my last target is 0.69 where l will be also looking to take short positions and surf with the wave.
With a lot happening DXY seems to be taking a hit. A break below 101.988 would send the DXY off to 96.635 and possible to 94.700 before gaining momentum to the upside with the first target at 102.375 and 114.730..
This past week EURCHF broke,closed above 1.08190 and 1.08175 level. We are now retesting the level for a possible continuation to the upside should the level hold. Target 1 at the previous high of 1.08600 and target 2 at1.09100
