PeryCapital

AUDUSD short

Short
PeryCapital Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD rejected making new highs by strong resistance

What i expect this week from AUDUSD is short after break
4H trendline and structire to the three major areas.

Area1 (0.75200): Support #1 + Demand zone#1 (H1) + 38.2% fibo PRZ
Area2 (0,74500): Support #2 + Demand zone#2 (H1) + 50.0% fibo PRZ
Area3 (0,73800): Support #3 + Demand zone#3 (H1) + 61.8% fibo PRZ

Don't forget to trade with proper MM/RM and caution.

Good luck guys!
Trade active:
Already in sell after breakout
Comment:
break this area means sell off AU
Comment:
Daily Resistance keeps AU don't let further up
Comment:
70+ Pips at the moment... Keep going to TP#1
Trade closed: target reached:
TP1 Reached!
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.