649bruno
Short

AUDUSD: Down Move Setup

FX:AUDUSD   Australian Dollar/U.S. Dollar
37 0 6
Negatives:
There are three tops in place with a down-ward bias.
The three indicators on top are in the early phases of rolling over to the down-side.
The Ichimoku Cloud is falling.
The Ichimoku Cloud has a red border.
Chop (under chart) is in the shaded area, which indicates lack of strong trend.
What to look for:
A buy Fractal is still in place at .76714 (in rectangle ).
The Ichimoku Cloud red conversion is rising, which is a positive.
I would confirm the down move with a breach of this level, which is .76420.

Good luck to you in all your trades.
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