FX:AUDUSD   Australian Dollar / U.S. Dollar
Bullish sentiment weakening. short the break of bullish trend line . TP is safe and modest right next to recent lows. Risk/Reward reasonable

Multiple approaches: 1) Short the break. 2) OR wait for consolidation of the new resistance after the break (safe) 3) short when 0.77071 (before or after breakout - high risk)

Take Profit: 0.75605

Stop Loss: 0.77339

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Risk reward: 1.9
Comment:
Watch out for the larger trend line. If it gets rejected of that trend line it would be wise to collect profits.

Comments

Very Good One, One of the best.
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