BenCheungFx

AUDUSD "Reversal" In play

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
4H Inefficiency > Daily Inefficiency.

This upwards channel is slowly losing momentum. It managed to drop pretty quickly but the climb back to the 4H inefficiency has been extremely long awaited hence the expectation to break this channel.

Will set multiple targets for this trade if we do get triggered in.

Comments

AU structure is turning to the upside, we have to very cautious with any short, remember that banks added a lot of longs
Reply
Laylo22 transparent-fx
@transparent-fx are you saying the dollar is going to continue losing strength?
Reply
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