Forex48_TradingAcademy

AUDUSD Short trade waiting the FOMC

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
On AUD/USD, we have a bearish setup with a trendline that was breached this morning with a simple TOUCH, the third one. The market indeed used it as a resistance, precisely retracing to the 61 Fibonacci level. Now, I anticipate a short position with a target at 0.6360. Happy trading, everyone.

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