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FXBanker
Aug 27, 2016 8:31 AM

AUDUSD - Long Term Bearish but short term Sell opportunities Short

Australian Dollar/U.S. DollarFXCM

Description

AU has been stuck in a consolidation on H1 and lower frames but Long term sell opportunity.... Previous uptrend was broken with friday (26th) close...

I have a sell Limit at the blue area but an agressive sell can also be warranted.

1st Target is the conservative 0.75398 area but I will move my stop there and let it run

Comment

Took 2 days but the trade was activated, and my first target was reached.
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