There is a bearish trend developing on AUD/USD pair.
I think that the price will pass 0.74237 level. After that, the price will go to the level of 0.75253 or further.
I expect the price to fall up to 0.717607 level approximately. Around this level,I will set the take profit order.
It seems to me that the asset will go for breaking the upper bound after reflecting from the bottom line.
Right now, I can’t see the entrance for opening a deal on the asset, so I’ll wait until the price reaches one of the levels, and then I’ll make a decision.
Well, the asset moves as I’ve predicted. I think that I can earn even more on AUD/USD! Definitely, the show must go on =)
Right now, I can’t see the entrance for opening a deal on the asset, so I’ll wait until the price reaches one of the levels, and then I’ll make a decision.
I think that the price will reach 0.76540 level. After that, the price will go to the level of 0.75227 or further.
[B][U]Why[/U][/B] do you think so, Wonel? What features of the chart you’ve posted suggest that interpretation to you? 
I think that the price will reach 0.767081 level. After that, the price will go to the level of 0.754564 or further.
Right now, I can’t see the entrance for opening a deal on the asset, so I’ll wait until the price reaches one of the levels, and then I’ll make a decision.
Would this pair go below the .7500 level?
