PMTradeALot

AUDUSD short if...

Short
PMTradeALot Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
I will look for a short if we break support and retest it. AUD is still on a downtrend but the question is if USD will break 95.50 resistance. We rejected the top of the channel+ 50 EMA + 61.8 fib.

Only thing that bothers me a bit is the inverted H&S on the 4hr. It is right at the neck line. See the charts
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BTW the weekly support became resistance
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break of that TL
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weekly view
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We had the retest on the 4hr and down it went
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break retest and down we go

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