AUD/USD trade set up Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Aug 26, 2012 3:19 AM

AUD broke through out of a rising trend Chanel, broke through important support and is now carving out a new decreasing channel. a retest of former support now resistance would give a good opportunity to go short with a high risk reward ratio

Comments

grtoceanrd

⋅ Aug 26, 2012 10:36 AM

Do you think 1.0330 will offer much support?