FundedTrader

AUDUSD short, end of bounce and back into low trend

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
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1
finished an Elliott ABCDE
bounced back to mid line of channel
Stochastic RSI 60' confirms retracing back into lower trend
risk/reward 2.8
ENTRY 0.7581
TARGET 0.7520
target is crossing point between lower line of descending channel and trend line
todays USD data/news should push USD up again