Long term AUDUSD

Several signs show there is a potential for a short, the chikou is crossing price soon and longer time interval momentum indicators are heading downwards. This pair is still weak and after last retrce this looks like a good point to enter. If the DXY idea published before holds, this one should follow suit.
Trade safe and good luck.

Comment:

Back to square one. I took some profit before, part sill open and will think on open more again.

Trade closed: target reached