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AUDUSD Sell Now

AUDUSD Sell
AUDUSD Sell

After BREXIT, People are leaving England for business. Euro is also impacted and it will continue weaker. USD is getting stronger.

I Sell AUDUSD at 0.7355
SL 0.7405
TP 0.7184

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Next Week 2016 May 30 to June 3 Forex Analysis

Next week possible entries:

I am still agree with this EURUSD Sell, NZDUSD Sell and AUDUSD Sell and EURGBP Sell. I think this currency are still performing well for long term downtrend.

For GBPUSD now it is on double top. the last movement it might be a down movement, but still not confirmed yet. I may leave GBP a while

USDCAD was interrupted its bullishness after Bank Of Canada meeting. The strength of CAD has showed (Downtred of USDCAD), but still not confirm who will win if fought with USD. I will leave USDCAD aside at the moment.

I prefer to have currency with strong + weak combination, for the maximum outcome.

EURCAD might be one of the candidate. EUR Weak, and CAD Strong.

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AUDUSD Sell

AUDUSD Sell
AUDUSD Sell

AUDUSD again, it shows a sell entry. It looks like AUDUSD do not have much correction.
I re-enter position of sell audusd at 7223
SL 7253
TP 6860

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USDCHF Buy

USDCHF Buy
USDCHF Buy

Buy USDCHF at 9880
SL 9845
TP 1.0225 (Final)

See the progress…

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AUDUSD Movement

AUDUSD Sell
AUDUSD Sell

As I expect a broken of 7343, it is now.
So I take a SELL AUDUSD at 7237
SL 7267
TP 6860

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AUDUSD exit

I am expecting AUDUSD to break lower but after europe market near to close, it still can’t break 7724. I exit my position at the moment, exiting all of my open usd position.

Downward movement of AUDUSD is much slow. So better take profit.

IF tomorrow AUDUSD was continue moving down, then it’s OK. All decision must come with all consequences.

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