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danresdidualfx

AUD/USD short; market analysis

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
danresdidualfx  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators confluences breakout reversal trends Coronavirus (COVID-19)
5
1
trendanalysis chartpattern indicator confluences breakout reversal trends coronavirus
Quite simply put, price is still heavily bearish, and technically we have just seen an intraday break and retest on this trade around the 0.6741 which shorts were triggered. Am expecting further lows towards 0.5600 regions to be tapped.
- great risk/reward trade of 1:1.5
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