OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Daily chart is a sell with resistance @ 74.55. Hourly chart is a sell with a Parabolic SAR signal. 10 min chart is choppy and a little ugly but I feel it is short with a Parbolic SAR sell signal. Having a sell basis on the D/60 I am going to look for entry off the 10 min buy looking for entry @ 74.49 with a stop @ 74.52. If price gets to 74.52 on the 10 min it will be putting in a new high and negates may sell thought and stays in the chop. But I think the R/R on this one makes it worth the trade IMO. Lagging line exiting the cloud on the daily with more than 3 candles under could be a strong entry.
Comment:
I didn't take the trade, because I entered AUD/JPY. This would of been a good one.

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