FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
The fundaments for today are in line with a short position on this pair. The state of the market on the 1H was a range, but the price broke this range. Price broke the lowest price of yesterday's New York session with 40%. This breach has a fibonacci pullback of 61,8%. on the 3m chart there's a v-formation with several test and buyers getting weak.
Trade active: Entry price: 0.75233
Stops: 0.75343
Target: 0.74614
Trade closed: stop reached: Stop loss hit. Buyers still strong. If price goes near the 78,6% fibonacci retracement and the buyers are getting weak, new opportunity to short. But for now we wait.


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