AUDUSD Short Idea

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Short

Australian Dollar/U.S. Dollar (FX:AUDUSD)

FX:AUDUSD Australian Dollar/U.S. Dollar

audusd forex fibonacci supportandresistance priceaction wavecount

AU is forming a nice ABC bear flag in a downward channel . I am looking for the price to break the channel downward after bouncing off of the .50 or .618 fibo line.

Trade active: Trade opened at 0.7435

Order cancelled: Price has moved outside of my parameters. Keeping this on watch but not trading.

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