AUDUSD Short: Resistance at 14 Day SMA Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jul 29, 2016 3:13 AM

AUDUSD is showing rejection at the 14 day SMA and bearish trendline. SL above pinbars with a conservative TP at the bottom of the potential triangle before continuation.

Trade active

⋅ Jul 29, 2016 3:14 AM

Trade closed: target reached

⋅ Jul 29, 2016 1:13 PM

Another quick one! +25.5p