mykin_Fx

AUD/USD Short(sell) trend

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
As we can see, the Aussie dollar has been shorting for quite some time, along with respecting our Technical analysis. Our downtrend has been respecting our resistance trend line and our support structure zone as well, keeping the trend within zone. The prediction here is that we will continue to see sellers in control and to respect our downtrend. Our Stop loss and take profit are currently marked up and ready for the week ahead. PiPs to be catches boys and girls

TP: 49 pips/0.62986
SL: 19 pips/0.63671

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