Forex Trading Ideas: AUD/USD Trends Down!

January 11, 2020

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“Buy The Dips – Sell THe Rallies!”

The AUD/USD had a bearish ‘Regular Divergence Trade Setup’ this week in the Forex Market. Giving Forex traders between sixty and one hundred and fifty pips. Depending what your entry price was.

However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce of the 50.0% Fibonacci level. Then it crashed down to the 0.00%. . We have strong major support at 0.6850. And resistance at 0.7030

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Forex Trading Ideas: AUD/USD Trends Down!

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