Topper-Signals

Short Opportunity for AUDUSD

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
I have opened a position for this pair. My reason for this trade is because the pair has been on a strong bearish run recently after failing to break a new high at its previous resistance (last week). This week, i have identified that it has finished the pullback and with the short term breakout of the support i have identified, i believe that the pair should continue its downward movement from here.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.