AUDUSD - Correction still in progress...

On the larger scale we are still in a corrective structure. A Head and shoulders formation was completed last week and we have had a break and re test of the neckline. This allows us to take a short position before the price is going to eventually look to go higher. Keep Risk Management tight on this one

Trade active

Trade closed manually:

Pulled out with small loss..can see this pair going higher this week