Reason for selling AUDUSD
Fundamental factors are supporting the USD as the recent inflation figure beats the expectation 4.16% which causes the buying of USD against major pairs.
It has reached lower trendline area.Sell AUDUSD when it reaches around the .618 Fibonacci level and primary target would be 1.272 Fibonacci.
AUDUSD #audusd
Sell limit @ 0.77770
Take profit @ 0.76600
Stop lose @ 0.78200
Fundamental factors are supporting the USD as the recent inflation figure beats the expectation 4.16% which causes the buying of USD against major pairs.
It has reached lower trendline area.Sell AUDUSD when it reaches around the .618 Fibonacci level and primary target would be 1.272 Fibonacci.
AUDUSD #audusd
Sell limit @ 0.77770
Take profit @ 0.76600
Stop lose @ 0.78200
