Tradingood
Short

Probability to short AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
This is a weekly chart of FX:AUDUSD
Probability : Short

FX:AUDUSD still in bullish channel , price bounced after testing the resistance around 0.8130, so maybe it's the beginning of the correction.
I suggest going short because :
1- Price at important resistance level .
2- Price approaching an important Fibonacci level 61.80% ( from 0.6000 2008 to 1.1000 2011 ).
3- Trend line ( red one ) can send price lower.

I will put my SL above the resistance area , and TP will be at the 38.20%

Updates will be available later.

This is not a signal, it's just my opinion, Good luck
Trade active: price broke the trend line
Trade active:
Trade closed manually
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