Aud/Usd going to Break 1.000

Aud/Usd has been a fairly predictable pair to trade lately being as it has been in such a strong trend.

The pair almost made it past the 1.000 level earlier today and then it has retraced since then. So I would look for this pair to go back to that level soon. I will be waiting for a bullish engulfing candle on a 1hr chart.

If you want to see how I trade this pair. Follow me on twitter.

Here is the Chart

The following two tabs change content below.
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.

Winner’s Edge Trading, as seen on:

Winner's Edge Trading in the news