Mihai_Iacob

AudUsd-150 pips potential drop.

Short
Mihai_Iacob Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
In yesterday's comment, I said that I expect 0.78 zone to hold strong as resistance and so far I'm right.
In the past 24h AudUsd spiked twice to 0.7770 and it looks like it formed a small H&S on h1 time frame.
I expect Aussie to drop to at least 0.76 in the coming trading sessions and confirmation for this comes once the price closes under 0.7725
Trade closed manually:
I closed manually this trade.
I think is not its time yet and 10 pips is still profit:)))))

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