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AUD/USD Outlook 3-7 Sept 2018

Fundamentally AUD is still weak so expect for a further downside.

But I expect for AUD to bounce a bit before the next leg down, this will provide us a good opportunity to sell to follow the trend.

Looking to sell when it hit around 0.73200 - 0.73400 area when there is a good daily price action sell signal confirmation.

Nota
The pullback didn't materialised last week. So will be looking for a new pull back to around 0.7225 and wait for new price action signal to join the downtrend.

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