AUD/USD: a short-term idea

AUD/USD: a short-term idea

Trade idea

SELL 0.7220; TP 0.7170; SL 0.7235

AUD/USD has met the resistance of the 200-day MA at 0.73. Friday’s candlestick has almost engulfed the previous one. Daily MAs are horizontal and so far they haven’t supported the recent move upwards. As a result, correction down to the 50- and 100-day MAs at 0.7170 is possible if the pair slides below the short-term support at 0.7220. The advance above 0.73 is needed to open the way up to 0.7390. 

aud.png

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera