YZumbrunnen

Short AUDUSD after trendline break.

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Early entry at the break of the trendline.
Additionally there have been rsi divergence.

Let's see if it can break the level around 0.7500

Reward to risk ratio 1.75. Stop above recent highs. Target at support level .
Comment: Need to prove patience with this one. Still valid trade idea because the high wasn't taken out and price could be forming a potential double top.