AUDUSD short -- 3H timeframe -- RSI and 61.8 Fibonacci

Negative deflation factors mean lower commodity prices, risk assets, and Aussie is exposed to housing price collapse, banking sector pin-prick to the bubble, and general recessionary effects coming.

Retest of lows expected.

Price: 0.6236

Stop: 0.6270
TP1: 0.6100
TP2: 0.5800

Trade closed: stop reached:

will re-enter soon

Trade active:

re-entered short from original idea.

Price: 0.6445

Stop: 0.6500
TP1: 0.6270
TP2: 0.6100