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gregor100

AUDUSD Short

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
gregor100 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis AUDUSD audusdshort
3
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trendanalysis audusd audusdshort
Still some potential to catch a nice little trade on this pair, this area we are at just now was my TP on a trade I set last week!

Wait for the retest of support as resistance then take an entry as suggested, of-course using your own entry criteria! Will be at least an M30 bearish engulfing for me.
Comment:
Dropping down to the M30 timeframe and we've had our retest, with a bit of bearish movement coming into the pair now. Like I said i'll be looking at entires on an m30 engulfing candle.

There are a few areas to watch for taking profits here but primarily they would be 0.70750, 0.70496 and 0.7617.

Good luck!
Trade closed: target reached
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