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Independent Trader at FXA USA. Graduate of De La Salle University with a Bachelor of Science degree in Commerce, Major in Business Management. High School graduate of Don Bosco Technical Institute with an elective technical degree in Electronics Technology. Past employers include Security Bank... More
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  • AUD/USD Tests 0.9500 0 comments
    Oct 30, 2013 4:15 AM

    The Aussie against the US Dollar is currently testing 0.9500, the 2nd 100-pip Scalar retracement level on the sell-side. The next level to test is 0.9200 with a very low probability as it is the 1st Scalar retracement level. With the current retest, the pair forms another top at 0.9700. A break at this point will also provide a low probability of testing as it is once again the 1st Scalar retracement level. SEE CHART HERE.

    (click to enlarge)

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