Forex Trading Ideas: AUD/USD Retraces…

“Buy The Dips!”

The AUD/USD had a bearish ‘Hidden Divergence Trade Setup’ last week in the Forex Market. Giving Forex traders between sixty and seventy pips. Depending what your entry price was.

However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce of the 38.2% Fibonacci level. Then it crashed down to the 0.00%. We have strong major support at 0.6665. And resistance at 0.6750