Structural FX, page-271

  1. 320 Posts.
    AUDUSD  finding sellers at the  .72  area.   Would need a 4 H close above this zone before possible
    Long trade.  Aim would be .73.  Stop would be roughly  35  pips below possible entry.

    "Australian Q4 Construction work done came in at -3.1 percent, missing the forecast rise of 0.5 percent
    by a big margin.  The activity had contracted by 3.6 percent in the previous quarter."

    Stalled  Aussie progress.

    AUDUSDH1.png AUDUSDH4.png
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.