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AUD/USD | Potential Downward Movement

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
CollegeofPips  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Support and Resistance Pivot Points Fibonacci Forex Technical Analysis priceaction fakebreakout Fibonacci Retracement topdownanalysis
17
7
supportandresistance pivotpoints fibonacci forex technicalanalysis priceaction fakebreakout fibonacciretracement topdownanalysis
💡 Trade Idea

📉 Sell Order AUD/USD @ 0.7419

🎯 Target Profit 0.7340

🛑 Stop Loss 0.7449

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description: The daily resistance rejected the price and now posted a head and shoulder pattern indicating a potential reversal.

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