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naytebarkerfx
May 7, 2019 6:38 AM

AUDUSD, A good pop up but more downside coming Short

Australian Dollar/U.S. DollarFXCM

Description

Looking to form a clear running flat pattern (where it is now) or the hopeful and very predictable standard flat, where you can see I hope it goes to, purely for better returns on any short position. Bullish buyers beware, this is still a bear's paradise for the days to come at least.

Comment

A lot of Aussie based pairs are looking good for strength, still seeing this with more downside. A running flat, the red arrows, looks to be complete and the pink lines is a hopefuls scenario of playing out. Many USD based pairs have more downside in them, but not much. Watching a fair few to get in on at some point in the future.

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