AUDUSD - Daily - Follow Gold!

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
This is going to be a very quick idea.

Potential SELL on AUDUSD . If we stay below 0.80140 today or close below the trend line , then I am looking to enter a few SELL positions on this. Now, we might have some sell-off today, so if you think that might miss that, you could enter a small SHORT position with a SL of around 0.80200. If you'll see that we are starting to move lower, then add some more.

Another key indicator, I would say, is GOLD . Now these two tend to like to have their walks in the park together. Gold has broken the upwards trend line , so I believe we could see some selling in Gold in the short-run.

As always, be careful and keep an eye on the price action!
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