blaseit28

AUD/USD Potential Short Opportunity

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
As we can see AUD/USD fell through a daily trend line with the powerful 70 pip drop on Friday. With the pair falling through support, more than likely means a retracement upwards before another move down and this is what we see here. AUD has risen to areas of potential shorts at .7728-.7735. Looking for a push up to the tiny grey box for prime short entries. Prime shorts, .77350, .77380.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.