ForexTrendline

Lower peaks at AUDUSD

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FX_IDC:AUDUSD   澳元/美元
On September 1, AUDUSD reached its highest value in 2 years. But then he needed a break. In the middle of the month we saw a lower peak and a lower bottom after that.
As you know, this is forming a trend and we expect to see a lower peak again.
The moment we expect is now because we already have repulsion from the resistance levels and fixation of the peak.

If the trend continues, we should see a break of the previous bottom and reaching the support levels.

Today we expect additional moves when publishing NFP!

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