SaxoTV

Lucas: Selling AUDUSD aiming for three week base

549 views
February 17, 2016 asia, aud, aud 2014, aud strength, aud usd, aud weakness, auda, audaud, audeur, audgbp, audit, audjpy, audnzd, audparity, audusd, audusd 2014, audusd bear, audusd bearish, audusd bull, audusd buying, audusd currency, audusd forex, audusd nonfarm data, audusd nonfarm payroll data, audusd short, audusd small, audusd support levels, audusd weakness, foreign exchange, forex, forex 2014 outlook, forex buying, forex eurusd, forex exchange, forex idea, forex market, forex market overview, forex markets, forex saxo bank, forex trade idea, forex trading, forextrading, fx, fx award, fx crosses, fx forex, fx interbank markets, fx investing, fx market, fx markets, fx marketsf, fx options, fx saxo bank, fx spot, fx strategy, fx trade, fx trade idea, fx trade ideaf, fx traders, fx trades, fx trading, fx trends, fx volatility, fxmarkets, fxspotf, saxo tv, tradingfloor.com, us, us dollar, us economy, us fed, us jobs, usa, usd, usdeur, usdjpy, xau, xauf, xauusd
Steve Lucas is trading AUDUSD in what is a widely flat market but he has spotted the trend of higher daily lows ending and takes that as another negative signal adding that "Yesterday’s failed rally has stalled and reversed at the 50 & 100 day average rates.". 

Sell at market  
Sell at 0.7138
Stop: 0.7183
Targets: 0.6984 & 0.6918