AUDUSD Short

23 באוק׳ 2017

USD dollar showing strength across the board, with the DXY forming an inversed H&SH patttern. Along this line AUDUSD is showing bearish momentum form the daily time frame. Thus a trade short, targeting next fib extension at the 0.775 level which is also major area of support & resistance for this currency pair (0.775-0.77).