kevmurray
Short

AUD USD - Breakout

FX:AUDUSD   Australian Dollar/U.S. Dollar
32 1 1
On the 240min I see a symmetrical triangle/ with a breakout to the downside. Bounced off the 150 EMA and overall I believe the US is still the much stronger currency.

Note: Rookie Trader. Trying out ideas. Not giving trading advice or suggestions on what to trade.
Update: First target hit. Banking half my profit. Moving my SL to break even. Hoping for second target at this point or lower.
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