ITraderAnalysis
Short

Aud/Usd bearish trend continue soon?

FX:AUDUSD   Australian Dollar / U.S. Dollar
Found a good setup on 4-hourly chart with multiple confluence.
Fibonacci Level 61.8%(the golden ratio) is great to use with a solid Price Action setup.

I will be looking to short here with protective stop just above the 76.4% and target zone will be position around -61.8% (which is somewhere around 0.65500)

Happy Trading & Enjoy the Good Weekend.
Trade closed: stop reached: Too bad got hit-ed SL,
Price Rallied strongly & formed an Bullish Engulfing on Daily Chart
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