TradingView
chrisolivera_
Jan 24, 2017 12:29 PM

AUDUSD short term position Short

Australian Dollar/U.S. DollarFXCM

Description

Market price has been on a steady uptrend since the 5th of 2017 but momentum stoped its upward move on the 17th of this month. Momentum has been creating lower highs and higher lows since then. Momentum came back up to test the .001 level and is looking to break the lower trend line. On a break of the lower tend line a short position will be available with the 200 EMA (blue) acting as a TP.
Comments
ishstar
It's been making higher highs. Look at the 4h
More