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Trader Alert - Crossover

Trader Alert - Crossover

Yesterday a potential set up in AUD/USD looked promising (AUD/USD Standby to Sell). The trade has triggered overnight as the MACD crosses well above the zero line:

20160324 audusd

Whether or not this is useful information is a decision for individual traders. For me, this is a clear sell signal, offering targets at 0.7335, 0.7140 and potentially 0.6825.

What's your view? Are you a seller of AUD/USD? Let your fellow traders know by posting a comment in the box below.

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