11021992

AUDUSD very bearish

Short
11021992 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hi all,

The AUDUSD has been trending down since the end of 2011, so I am looking for a good short signal on this pair.
What I am currently waiting for is a breakout of the blue trendline, after that a small retracement or some consolidation.
If and when this occurs, I will place my short entry. It will most likely by around the 0.71 mark.

Best of luck!
Comment:
The blue trendline is broken, Unfortunately I missed it overnight.
Now I am waiting for a retracement for a good entry.
Trade active:
My short position has been filled.
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