AUDUSD retracement Short

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Description

⋅ Aug 4, 2015 6:11 PM

After a big move from the RBA rate decision the price has become overbought and is due for a big retracement at least to 0.735

I would hit it short with a trail stop to play it over the day.

USD (US Dollar)