mrsaetervik

AUDUSD - short opportunity

Short
mrsaetervik Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Daily outlook, will see how the 4H reacts to daily price before entering.
The Aussie is weakening while the Greenback is strengthening, high probability trade in my opinion.
Comment:
price is currently in a descending channel on the 4H chart, we might see it go up to 0.8040-0.8060 somewhere before going down again. we might need some more confirmation from this channel first.
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