Aud/Usd: 13th October 2016

13 באוק׳ 2016

We have seen consistent "LH & Lower Lows" form and our bias still remains bearish, we can see a clear break of the trend line but it is best to wait for a retest, this could easily become a false breakout.
Resistance is set around "0.7700" and support between "0.7500 - 0.74500"