AUDUSD Short idea....wait for....
AUDUSD Short idea
-Aussie looking exhausted at the moment after a bull run
-falled to break 0.7720 and then 0.7700 has held strong as significant resistance
-Market sentiment is bearish for AUD right now
-Break of our significant trendline to the downside...could see a retest so don't have your stoploss too tight.
-Australian Dollar Falls as RBA Minutes See Lower Rates for Longer. The Australian Dollar weakened a quarter of a percent against the US Dollar following the release of February’s RBA monetary policy meeting minutes. Source Dailyfx
-I want a bearish 4 hour close and I will short
-First target shown here....0.7510
if you want to be sure....wait for 0.76410 To be broken before entering
or if your aggressive wait for a bearish 4hour close in a few minutes
-Aussie looking exhausted at the moment after a bull run
-falled to break 0.7720 and then 0.7700 has held strong as significant resistance
-Market sentiment is bearish for AUD right now
-Break of our significant trendline to the downside...could see a retest so don't have your stoploss too tight.
-Australian Dollar Falls as RBA Minutes See Lower Rates for Longer. The Australian Dollar weakened a quarter of a percent against the US Dollar following the release of February’s RBA monetary policy meeting minutes. Source Dailyfx
-I want a bearish 4 hour close and I will short
-First target shown here....0.7510
if you want to be sure....wait for 0.76410 To be broken before entering
or if your aggressive wait for a bearish 4hour close in a few minutes
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