Trading Conditions
Products
Tools
Recently, the AUD/USD pair has been trading sideways at the price of 0.7258. According to the H4 time – frame, I have found a fake breakout of the resistance at the price of 0.7300, which is a sign of weakness. I also found the breakout of the support trendline in the background and hidden bearish divergence on the MACD oscillator, which is another sign of weakness. Watch for selling opportunities with the target at the price of 0.7167.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.