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Short AUD/USD, AUD/JPY: Q2 Top Trading Opportunities
AUD/USD extended the V-shape recovery from 2020 to briefly trade above the 0.8000 handle in February, but a head-and-shoulders formation appears to be taking shape into the first quarter’s end. With the Relative Strength Index (RSI) exhibiting a similar dynamic as the indicator establishes a downward trend during the first quarter of 2021, traders should be mindful. It remains to be seen if the decline from the February high (0.8007) will turn out to be a correction in the broader trend or a key reversal in market behavior. The 50-Week SMA (0.7220) continues to track a positive slope, but a break/close below the ... (full story)
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- Apr 3, 2021 7:09pm Apr 3, 2021 7:09pm
- Sahir12
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- NotAtrader
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Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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- breakoutpips
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“Do not lose hope, nor be sad.”
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- NotAtrader
- Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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- NotAtrader
- Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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- asmadi78
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