Aud / Usd

Hello All Members,

Aud/ Usd Pair Looks Bearish For 3-4 Days.
Down Target Of 0.7600 Looks Probable.
Cmp Is 0.7724

Reagrds,
Winston.

Would you be good enough to explain your feeling re bearish


thanks


dave

hi dave,
the reason is pure technical, stiff resistance is coming on way...
Retest of old high, if the pair really retests , the down move will be big..
so
have a stop and trade!


regards,
winston