AUDUSD – yes, this is not AUDJPY…

Below is Hourly chart.

The price is coming up nicely to Fibonacci 50% level, which also happens to be MPP, WPP and DR1.

2015-11-02_15-25-02-AU1

I think this area may be a nice sell zone.  The target should be 0.700 (Fib 138.2%)

 

YJ Baik – Forex.Today @ Tokyo

One thought on “AUDUSD Trade Setup (Nov 2)”

  1. Artem says:

    Thank you YJ

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.