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Daniel.Dalo
Aug 27, 2019 2:59 PM

AUDUSD - Corrective Structure in Play Short

AUD/USDOANDA

Description

After a very impressive impulsive selling on this pair, price is now consolidating and approaching the top of the structure. My plan is to look for short opportunities in the resistance zone between 0.6798 - 0.6818. If price reaches this zone, I would get short and look for a profit taking level around 0.6690, maybe taking half profit and moving stops to break even at 0.6749, as there is a minor support level to watch for.
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