according to AUDUSD technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ----- # 0.6893
Resistance2 # ----- # 0.6915
Resistance3 # ----- # 0.6888
Support 1 # ----- # 0.6848
Support 2 # ----- # 0.6829
Support 3 # ----- # 0.6886
I suggest to take SHORT position at --- 0.6871
target take profit at --- 0.6823
target stop loss at --- 0.6909
money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..


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