Sensei

AUDUSD NEAR KEY RESISTANCE

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
.77 levels may have major selling pressure. We have sold off mightily from this down trend line in the past and I anticipate its likely to do so once again. Risk/Reward here is fantastic. The chart really speaks for itself. I will start to accumulate a short position at .77 and let resistance do it job. I'll continue to scale in as price actions adds further confirmation. Any trading above .775 levels would be cause for concern, otherwise i'll hold short. Lets see. Happy trading
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