Inside the Currency Market: AUD/USD

AUD/USD

Okay AUD/USD Long/ Short lines today. 0.7684, 0.7685, 0.7686, 0.7688, 0.7692, 0.7709. Don’t trade between points, tough Resistance 0.7684 – 0.7692. Range breaks above found 0.7709, 0.7736, 0.7767, 0.7791 and 0.7798. Range breaks below found 0.7633, 0.7583, 0.7579. Entire range shortest term 0.7633 – 0.7736.

Extreme buy /sell points today found 0.7587 and 0.7797. AUD curve is very tight as is EUR but its a down slope curve so this means a sell rallies approach overall. For scalpers, hit my levels, take breaks as they occur.

More trades on the way. Brian Twomey, Inside the Currency Market, btwomey.com

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