The Aussie 'Look Out'

Good Morning Dynamic Traders!

The AUD USD pair cited on the 4th February, has been a watch list entry for some time.

Below is the weekly chart for the same.

Price has been demonstrating a downward assault since July last year.

The bearish flag formation conceded last month is presently approaching a trend support district.

AUDUSD weekly chart Advanced Get

An aggressive view of the daily chart below reveals a similar pattern in play.

Using your toolkit to define further variables, an acceptable entry point may be chosen for a likely swing towards the next price zone.

A moderate stance may wish to anticipate a mechanical AA line up for an alternative profit opportunity.

AUDUSD daily chart Advanced Get

Tip Off

The Swissy subject considered on February 5th and again on Friday is moulding a pleasing 123 886 as I write.

Given it has been re-inforced in last evenings note, Dynamic Traders may wish to consult their analysis screens for a timely market 'open' entry.

Regulate your rules attentively!

Good Trading!

Saba Jackson