AUDUSD looking for shorting opportunities after a rally Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ May 27, 2016 10:12 PM

Price failed to make a higher high at .78388, shooting prices down with a target of the previous major lows. A failure at the .7100 region could shoot prices up to .7369 which would be a good place to short for the major lows or even lower.