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AUD/USD short setup

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
FxWirePro Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators aud USD AUDUSD audusdshort
8
5
trendanalysis chartpattern indicator aud usd audusd audusdshort
AUD/USD unable extend upside after upbeat RBA minutes. Scope for further weakness.
Break below major trendline support at 0.7425 has opened up downside for the major.
Technical indicators are heavily bearish.
Good to go long around 0.74/0.7410, SL: 0.7450, TP: 0.7380/ 0.7330/ 0.73
Comment:
Correction: Good to go short around 0.74/0.7410, SL: 0.7450, TP: 0.7380/ 0.7330/ 0.73
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