MtxTrader

AUDUSD 4h Short off Resistance Retest

Short
MtxTrader Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
I sold this at the close of the strong bearish candle after the doji/hanging man candle.

Price retested the resistance zone at .7607 - which is an area of previous support and resistance.

Price got rejected from the resistance zone, so I am selling AUDUSD down to the next significant support level, which is 0.7515.

My stop is above the most recent high.
Comment:
stop hit
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