AU_chart 09.01AUD/USD hourly chart shows, that price approached really visible resistance zone. The last upward movement ended near these levels and began stronger slippages. Currently, we may observe that increases are stopping their momentum under the zone. Broader trend is downward one, so looking for short opportunities is a great strategy here.

AU_screen 09.01

OptionTrade offers 79% return for AUD/USD option. E.g. when you invest 100USD in PUT option (DOWN) and the price will be even slightly lower than in the point when you bought the option, OptionTrade pays you 179USD. If the price is higher, you will lose invested money. But you need to remember, that you cannot forfeit more than you trade. Open your account now!

Error, group does not exist! Check your syntax! (ID: 3)
SHARE
Previous articleNZD/USD – Enters Supply Zone
Next articleCarry Trade: EURTRY, GBPAUD
Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.