Snehath

Look out for 0.74 for AUDUSD short

Short
Snehath Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Last week I called a buy at 0.7160 for the AUDUSD and this pair is riding almost 200 pips now.

The Point X of this pattern isn't the greatest, but there is a good structure to short AUDUSD at 0.74. However the crab pattern cannot be ignored so I will keep a sharp eye on this level.
Order cancelled:
The trigger bar just went through the zone. Therefore there is no trade. Will watch for further developments.

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