Looking at AUDUSD short breakout, i believe the pair has one more push to the downside before we see any possible buys taking place. Looking to short the pair short term to the channel below and a possible push further before the buyers start gaining momentum. This is a short term trade and i will be watching again this pair closely as it is close to my channel and i would be looking at possible buy setups at the bottom.
Trade active
Trade closed: target reached