PriceActionTrading

AUDUSD SELL NOW AFTER SPIKE UPWARDS.

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD HAD A SPIKE UPWARDS. THIS SPIKE HAS MET RESISTANCE AT 0.77 FAILING TO CLOSE ABOVE IT.
MOREOVER ON THE D1, PRICE HAS BROKEN THE MOTHER BAR AND FAILED TO CLOSE ABOVE IT SINCE, CREATING A FAKEY.

SELL NOW AND TARGET 0.76.
STOP OUT POSITION IF H4 SUCCESSFULLY CLOSE ABOVE 0.7700 OR BREAK THE HIGH OF THE H4 PIN BAR.

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