Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
AUD/USD: 'V-Bottom' pattern

AUD/USD: 'V-Bottom' pattern

Information is not investment advice

The main trend is still bearish. Currently, the market is under the Moving Averages, but there's a 'V-Bottom' pattern. Thus, it's likely that the pair is going to touch the previously tested resistance at 0.7131. If a pullback from this level happens next, there'll be a green light for another decline in the direction of the nearest important support at 0.7069 - 0.7063.

8-4-2019-AUD-USD-H4.png

Similar

Popular

Choose your payment system

Learn more