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KaltoireCapital

AUD/USD Price Outlook; Bears confirmed?

Dólar Australiano/Dólar Americano (FX:AUDUSD)  
KaltoireCapital  
FX:AUDUSD   Dólar Australiano/Dólar Americano
Trend Analysis Chart Patterns Beyond Technical Analysis AUDUSD audusdshort audusdforecast audusdsignal audusdsell audusdanalysis audusddaily audusdbuy audusdidea
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trendanalysis chartpattern beyondta audusd audusdshort audusdforecast audusdsignal audusdsell audusdanalysis audusddaily audusdbuy audusdidea
AUD/USD has done a very strong rally over the last 3 months. But, it seems like a reversal has happened in AUD/USD. Repeated Failures to break the 0.7070 level has strengthened the bears.

Looking at price action, the chance for a drop to 0.66 is increasing. So, the best trading plan would be to sell the rallies.

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