AUD/USD (H1) chart shows a strong downtrend. Rather big upward correction is drawing itself almost ideally in the standard channel pattern. Currently, we are approaching the lower bound, where strongly looking support is also located.
In the short term we may try to play for increases – following the last momentum. But in the broader perspective the rate will very likely continue the downtrend. Breaking below the lower bound of up-channel and before mentioned support will confirm this call.
OptionTrade offers 79% return for AUD/USD option. E.g. when you invest 100USD in CALL option (UP) and the price will be even slightly higher than in the point when you bought the option, OptionTrade pays you 179USD. If the price is lower, you will lose invested money. But you need to remember, that you cannot forfeit more than you trade. Open your account now!
