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RobertSoos
Apr 12, 2016 9:37 PM

AUDUSD - H1 SHORT setup  Short

Australian Dollar/U.S. DollarFXCM

Description

The momentum is still strongly BULLISH in Aussie pairs, so I entered position for a short test, purely for technical reasons. Oil fluctuations will probably rise ahead of Doha and EIA inventory data, I also expect volatility in commodity dollars to pick up. Chinese GDP figure on Friday is also a risk factor, some AUD profit taking might occur.

RR: 1:3

Stopping out position if AUDUSD makes it above 0,77.
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