Saravan
Short

AUDUSD Short and Long Idea.

FX:AUDUSD   Australian Dollar/U.S. Dollar
33 3 4
By looking at the daily candle AUDUSD             still under selling pressure. Even though the trend is bull , fresh buying needed to move pair above 7700 which may happen around 7400.
Looking for a short trade if price retrace to 7570s. with a TP of 7417.

Alternately, I will be looking for a long around 7415 to 7350 which is confluence area of 50% and 61.8% fib and trendline support. Long if the price reaches to 7400 to 7350 next week.
i like your idea!
AUDUSD - LONG ORDER STILL VALID
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Saravan MarlyForex
Thanks!
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