SHORT AUDUSD TO THE RECENT LOWS Short

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Description

⋅ Jul 5, 2017 3:09 AM

Hi traders:

We have a nice potential short for AUDUSD, as we all know, the daily chart has hit the key resistance area around 0.7700.
Now we are seeing a short entry on AUDUSD's 1 hr chart as the price action pulls back to 0.7625 area and decelerated.

Targeting the recent low of 0.7540

Thank you for your support and feedback.

Comment

⋅ Jul 5, 2017 3:09 AM

Here is the daily chart:

Comment

⋅ Jul 5, 2017 2:36 PM

TP 1 hit, move SL to break even.