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AUDUSD 60 Minute Chart February 21st, 2017

Tuesday, February 21, 2017 0:09
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Screen Shot 2017-02-21 at 07.40.21

Hello traders and good to be back as we had a nice three day weekend. I have to say we are looking at AUDUSD and I looked at 8 charts today and I really did not see any trades. I liked this chart as all we need is a pullback to the 88.2 Fibonacci and a bearish formation and enter the sell trade. My bias remains bearish as the dollar remains strong and looks to go higher. So we look to enter at 0.7720 and take profit at the support and profit zone at 0.7650. This is a tough trade and we really do not see an entry today I hope for Asia tomorrow.

Thank you traders and we will talk soon…….William



Source: http://fxinstructor.com/blog/audusd-60-minute-chart-february-21st-2017

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