warrensiow96
Short

AUDUSD MAJOR RESISTANCE

FX:AUDUSD   Australian Dollar/U.S. Dollar
68 0 0
AUDUSD             near the major resistance at price 0.73800,FIBO LEVEL near 100% could aim for a short at the price with take profit of 250 pips 0.71300 with a stop at 0.74800 (100p) ratio of risk to reward 1:2.5 . due to the sentiment of strong USD and oversold of the aud dollar, this trade call had high % to be profit, however, there is still a challenges for the trade to hit the resistance price. trade should be done in risk management and capital management. non-farm payroll data release on 4/3 would be the key for this trade.
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