trustbrokergroup

AUD/USD SELL 09/10/2017

Short
FX:AUDUSD   Dollaro australiano / Dollaro

AUD/USD also did not show any significant reaction of the labor market data in the USA on Friday. The only thing that we should note is the new support 0.7744 which contains large volume. Nevertheless, our previous scenario of opening short positions remains actual, but now we need to wait for the sharp breakdown of the support. A move should be supported by increased/large volume. A stop loss should be placed above the breakdown volume bar. A potential of the deal is 70 points.

The bottom line: short positions after a sure breakdown of the support.

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