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AUD/USD - Trades opportunity
This pair to continue its down, eventually hitting 0.8200. If the market does retrace back up then there is a nice confluence zone of resistance that traders could use as a reference to sell from again.
The confluence zone is at 0.8365-0.8375
Stop loss could be placed at 0.8415
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I remain on the sidelines waiting for a substantial rally to sell into. Currently I’m eyeing out 0.8440, however I will update in due course.
For this week: the low expected torque: 0.738 you can play and prospects within 30 days in 0.747
sell audusd is the trend. now audusd will going down soon.
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