OANDA:AUDUSD   Dolar Australia / Dolar A.S.
AUDUSD is slowly making it's way up to the previous support zone confluent with the 38% Fibonacci retracement of its swing high to swing low. Looking for previous support to become new resistance for a continuation of the downtrend. Will wait for a clean short entry in this zone based on multiple rejections confirming resistance and aim for 200-250 pips back to the downside. Keep in mind this pair moves slowly. I am not a financial advisor. This is not financial advice. This is for educational purposes only.
Penafian

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