Aud/Usd Could It Turn Here?

Hello Traders,

Below is some weekend material to get you ready to trade. I hope to have some more material out for you later today as well. But enjoy this first. Don’t forget that I am here to help traders so please don’t hesitate to share or ask questions. I know that people have been struggling and I just want to remind everyone that is why I do what I do to help traders. So ask away if you need it.

AUD/USD SETUP

If we look at the daily chart the Aud/Usd has multiple wicks to the upside right at this level. That indicates to me that we have some resistance forming. The price hasnt retraced yet either but it looks like it is getting ready to. Watch the support level I drew on the chart and consider going short at a break of that level.

If you want further analysis on Twitter as the trades develop follow me.

Check the daily chart.

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Casey Stubbs is the founder of Winners Edge Trading, which is one of the most widely read forex sites on the web. Winners Edge Trading has trained thousands of people to trade the Forex markets.

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