HayatoDragonFX

AUDUSD, 4hr tf, bearish cypher pattern

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar

We saw a potential bearish cypher pattern on this pair.
This 0.7780-90 area could be potential reversal zone. Also AUDUSD has been holding 0.7810-20 area as resistance very well. Only a close above those area could trigger more buyers into this pair.

For now, as long as price below 0.7810-20 we could expect price to go down.

Sell AUDUSD 0.7785
Stop loss 0.7825
Take profit 0.7705

Use only 1-2% risk
Good luck
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