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LukeFagan

Bearish Consolidation Short trade

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
LukeFagan  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis structure Engulfing Candle Doji dojistar
5
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trendanalysis structure engulfingcandle doji dojistar
AUD/USD is currently stuck in sideways channel movement, having today had a surging bullish push to retest the previous resistance zone of 74400. We now see a candlestick formation, giving a grate short trading opportunity on this pair.

Lets see how this pans out!
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