KarYong

2017 Week #11 - AUDUSD Bearish Bias

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
We are expecting price to fall lower towards 0.7387 - 0.7434 area, and potentially even lower, to either complete the correction of the recent move up, or to complete the E wave of the triangle.

Trade Plan:
Sell @ 0.7521;
SL @ 0.7556;
TP @ 0.7415
Shift to BE once price hit 0.7485

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