TradeYodha

Watch AUDUSD Daily Short (Fibonacci,Re-test,SMA,HTF Downtrend)

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Watch AUDUSD H4 (20 Min)
1. Support was broken @0.80467
2. Will try to re-test last high
3. 10 SMA, 50 SMA and 200 SMA are lagging behind and are close to the last high
4. 0.618 fib level is right at the place where last high was making it a good place to short
5. Stop @ 0.81758
6. First Target @ 0.79255
7. Second Target tail as it is reaching weekly support area there is still room to go

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