Little Shorting idea for AUD/USD

Short

Australian Dollar / U.S. Dollar (FX_IDC:AUDUSD)

FX_IDC:AUDUSD Australian Dollar / U.S. Dollar

Here an Idea.

I am shorting AUD/USD from 0.74376 looking to TP at 0.74

Reasons: Double Top at 0.75155
Bearish candle on Daily chart
Falls to the 0.618 retracement level
SMA crossed
RSI levels going low as well

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.