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Test of long-term resistance
Australian Dollar / U.S. Dollar
Test of long-term resistance
By Chris4XTrading
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Updated
Jul 31, 2018
2
Jul 31, 2018
Here we go again - for the 5th time this year. Will the Australian dollar be able to break free from it's downwards plummet against the US dollar?
Or will we see yet another bounce off of the VERY strong resistance? I think we might just.
But for now, let's put our faith in the dollar to climb up to the resistance. More updates soon.
Jul 31, 2018
Trade active
Long active.
TP: 0.74800
SL: 0.74100
Jul 31, 2018
Note
Revised SL:
1.174000
Trend Analysis
Chris4XTrading
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