Emanuele.

AUDUSD Weakness on the Top

FX:AUDUSD   Australian Dollar/U.S. Dollar
39 0 3
FX:AUDUSD            

snapshot


Planning a possible short:
  • Market has some difficulty to do new high
  • Nice FrequencyLine
  • Nice Risk/Reward ( Target Possibly Set at 0.74400 )
  • Nice Sell orders at 0.77200 with stop above 0.77600
  • I would be more comfortable if price will take out the low at 0.76220
  • Price can possibly take out the high at 0.77600 to run Stop, the fact is that the low at 0.76220 has not receive any damage

Let's see the next bars...
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