BombayBulls
Short

AUD/USD Short Trade

FX:AUDUSD   Australian Dollar/U.S. Dollar
15 1 0
Australian dollar's lack of ability to sustain any bounce above 0.7800 suggests that lower readings are coming sooner. But we have to be cautious not to get caught up in sideways trading range where aud/usd             has stuck most of the February. So the strategy is to build the shorts with bounce towards 0.7800.

Related Ideas

pschloegl
2 years ago
I do see also a advanced bearish cypher pattern starting with x @ 0,76418, entry would be at market. R:R isnt very good > 0,8. T1 86 pips, T2 153 pips.
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