Mihai_Iacob

AudUsd- more bearish than ever

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
I was bearish AudUsd for quite some time and now, after a major false break of both descended trend line and horizontal resistance, I'm even more.
In my opinion, on the medium-term, 0.7 will fall and with the pair close to 0.71 rallies above this figure should be sold.
My target is 0.68 for this pair and a good entry above 0.71 could have a great R:R

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