AUDUSD Chart 2

AUDUSD - Short Term Bearish

AUDUSD - Short trerm Bearish by DanV on TradingView.com

26 March 2014

Updates and comments

Some AUD events due shortly. Chart looks perfect for potential spike high in price and reversal to complete this falling wedge with downside target of 0.85. This fits well with AUDNZD pair bouncing and NZDUSD also potential short. Out of the 2 pairs I think NZDUSD have more potential to the short side.

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