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glennmercer
Aug 4, 2016 1:16 PM

AUDUSD Short: Long term TL Resistance Short

Australian Dollar/U.S. DollarFXCM

Description

Selling AUDUSD at resistance, break of APRR TL confirms bearishness. SL above highs protected by TL. target at a conservative previous support.

Trade active

Trade closed: stop reached

Bearish TL broken -I will be looking for long opportunities around the retest of this trendline, now providing buying support
Comments
ishstar
100MA on weekly is also there which should be hard to close above.


Only way it would happen is if NFP blows big time tomorrow
ishstar
Whoops! that was the wrong chart


here
KelvinSs
agreed.. my trade is on too..
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