audusd

This is the AUDUSD weekly chart.

As you can see on this chart, the pair is hitting a support turned resistance area. We might see the bears coming in next week to push this pair back down.

I will be shorting this pair when it spikes up above 0.97. I believe that there will be quite a number of market makers waiting to short the hell from that position.

And I want to benefit from it. I hope so do you.

~ Ardy

Forex Trading is a Business.