Apple22
Short

AUDUSD with bullish momentum that is lossing its MOJO

FX:AUDUSD   Australian Dollar / U.S. Dollar
74 0 4
Yeah thats right MOJO. lol
Weekly chart shows a nice bullish move right up to trend line and major weekly support

as much as daily is showing some potential to higher high
i am going to put my money on shorting AUDUSD            
better risk reward anyway.
stop loss 7900
TP 0.6800+/-
that give me 250 pips risk while my gain would be about 850 pips
thats 2.5 : 1 risk reward.
I will be trading this pair in lower time frame as well if I see good opportunities.
Good luck
Comment: AUDUSD Weekly

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