AUD USD possible breakout below $0.77

in #money • 7 years ago

Hi all,

Would just like to post a quick chart from my forex trading.

The Aussie Dollar is sliding and looks like 0.77 is up next. If it gets below this we might see quite a sharp dip lower.
audusd.png

In this chart we can see Stop losses clustered below 0.77

audusd sell orders.png

Let me know if you think it will hold or fall through!

Charts from here https://www.cashbackforex.com/#aid_166044

#trading #blog #news #steemit
7 years ago in #money by
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     7 years ago (edited)

    Would really need to see what the USD is doing now - but my guess is - a bit of a bounce here at support - then back down to lower lows. The trend remains down. Why don't you post and updated chart in a day or so - then we can see how wrong our guesses are? LOL

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     7 years ago 

    Thanks for commenting lou! Its hard to get any traction early on Steemit.

    I posted a follow up as some interesting price action.

    https://steemit.com/money/@keepcalmandhodl/aud-usd-nice-breakout-taking-out-stop-losses

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