Pennystocks419

Short on AUD/USD Potential Setup

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Breakout to the upside has the AUD going bullish in the short term but with the bigger picture I believe that the AUSSIE will find resistance and prior support and we might see a huge move to the downside based upon upcoming high impact news. 3-1 RR makes for a pretty good setup. Keeping my stop a little looser due to the influx that may occur during high impact news. Good luck to all!
Comment:
Stop hit
Trade closed: stop reached
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