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thecharttraders
Jan 22, 2017 9:43 PM

Short AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

A nice short AUDUSD opportunity here. Price action could move lower from current levels to our target level of 0.7467 right away or it could move higher to the 0.7635 level first and then head lower to the 0.7467. Either way we like a short position with the focus on 0.7467 being achieved to the downside in the next few days.

Trade active

Ok we got the move higher to the 0.7635, now an excellent short opportunity here. Adding to our short.
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