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the5erstrading
Jan 9, 2018 1:42 PM

Continuation Levels AUDUSD 09/01/2018 Short

Australian Dollar/U.S. DollarFXCM

Description

It seems the AUDUSD has changed momentum from bullish to bearish,
Most likely the price tend to reach the demand below, the recent uptrend
From the left seems to be compression, the supply above is a great level to
Continue the new bearish momentum, therefore if the retrace this supply i'll
Sell there, my first target is the support zone, and the final target is the demand.
Comments
Himanshu.hrc
i would trade the supply zone with stop loss above @ 0.78744
Himanshu.hrc
kindly ignore the comments
the5erstrading
@himanshu.hrc, ignored, was few days ago
the5erstrading
@the5erstrading, but the idea is right
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