848evo
Short

AUDUSD Short Trade

FX:AUDUSD   Australian Dollar/U.S. Dollar
36 0 1
PA continues to move up in a retrace of the major drop. If PA continues to move up some more, then I can see a bounce down trade where PA will meet with strong resistance based on the channel re-test, 50% fib as well as a strong resistance line.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.

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