dewpoint

AUDUSD - Shorting opportunity

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
I'm currently long from a fair bit down, and price is nearing my sell target, when done, then i'm looking to reverse that position and go short here at 0.619 level, probably at 0.6182.

This is a longer term trade (couple of weeks) where i'm looking for price to attempt a new low below previous low shown here at 0.55093.
Trade active: Currently short here and have added as we moved higher into the 6182-6192 level. I'm now on the lookout for lower, breaking through the 6023 will tell be to expect lower. That said, with all the $ printing this could reverse and move higher. I'd be out if price moves above 6278.
Currently watching this current price movement, if we are in a 3 wave pullback, before heading higher, then price should find support around the 6073 then 6043 levels.
Just going to watch and see where we go from here, no clear path as yet, but we should know soon enough though.

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