Time for a retracement

FX:AUDUSD   Australian Dollar / U.S. Dollar
30 2 1
It is a falling knife and the danger is relatively high that the deal may fail but given that the downmove has a certain everage momentum that shall not be exceeded to much I think tat there may be some probability of a certain recovery now.
I decided to close the deal taking the little profit as I don't want to keep the deal open overnight. As I said: It's risky and a falling knife should not be tried to be cought usually.
ForceFollower motleifaul
You were right, as the aussie has been pretty bullish this morning.
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