Trader, analyst and instructor with a 6-year experience

L.Vereschagin: trading AUD/USD

Leonid Vereschagin, independent FX trader and analyst

Chart 1. Daily AUDUSD

We recommend selling the pair from the top of the key 0.8920-0.9150 range. 

Chart 2. H4 AUDUSD

0.9140 is an optimal entry point. 

Trade signal:

SELL in a range:  0.9130-0.9160

Stop Loss:  0.9180

Take Profit: 0.9010

Chart 3. H1 AUDUSD

On H1 we see uptrend lines (marked in violet). A break below them could become an additional bearish signal. Also note there is an H1 MACD divergence. 

Резюме:  sell-signal confirmed


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