Forex Trading Ideas: AUD/USD Pushes Down!

“Buy The Dip – Sell The Ralley!”

The AUD/USD had a bearish ‘Regular Divergence Trade Setup’ this week in the Forex Market. Giving Forex traders between sixty and one hundred and twenty pips. Depending what your entry price was.

However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce of the 61.8% Fibonacci level. Then it crashed down to the 0.00%. We have strong major support at 0.6735. And resistance at 0.6830