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KQMarkets

AUDUSD - Short Below Key Psychological Level

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Dollar Australia / Dollar AS (OANDA:AUDUSD)  
KQMarkets  
OANDA:AUDUSD   Dollar Australia / Dollar AS
Support and Resistance Fibonacci Beyond Technical Analysis AUDUSD short
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supportandresistance fibonacci beyondta audusd short
We see AUDUSD moving lower and have strong conviction in our view as long as prices are below the key psychological level at 0.7 despite the recent bounce above the 0.686 resistance level. This is due to a significant amount of uncertainty surrounding US and China trade talks despite both sides indicating that a deal could be made in November.
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