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AltSetupsTrader
Jul 2, 2022 12:48 AM

AU BIG SHORT OPPORTUNITY - SWING TRADE Short

Australian Dollar/U.S. DollarFXCM

Description

AUD/USD Not looking good here. There is a strong key level at 68-69c that has acted as a huge resistance and support in the past going back years down the line if you take a look. We've created some real heavy bearish structure leading into this level and we just closed below it on the daily. IF the bearish trend continues, we could see a rejection of this level and what once was support will turn to resistance and i see no stopping it until the Weekly order block located below at my TP. Big R:R Trade. Risk Rating: 6/10

NFA DYOR.
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