Snehath
Short

Can AUDUSD Trump the 0.7750 level?

FX:AUDUSD   Australian Dollar/U.S. Dollar
It has been a good 2 weeks since I last posted an idea. Had to travel to the US for business (not to meet the presidential candidates!) and didn't want to trade during the election week which was a good idea.

Now that the dust has settled, I am hoping to catch a big move on AUDUSD             . I see a bat pattern coming at the 0.7750 level on the H1. There is such a strong resistance that you feel AUD needs to fall soon to follow the other USD pairs.

I will look for a reaction to short at this level.
Order cancelled: The pair hit the conf level at Fib 7 and fell like a rock. Won't be watching this pair anymore and may turn long around 0.75
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