AUD/USD
AUD/USD
Australian Dollar continues falling down. After rebounding from the Super Trend’s line, the bears have moved very close to the 1/8 level and may break it during the next several days. The main target is still at the 0/8level.
At the H1 chart we can see that the pair is moving below the 3/8 level, thus indicating that the price may continue falling down towards the 0/8 one. If the pair rebounds from the H1 Super Trend’s line, the price may continue moving downwards. During the correction I’ve opened a new sell order, the third one.
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