AUDUSD Weakness on the Top
Australian Dollar/U.S. DollarFXCM
Description
⋅ FX:AUDUSD
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...