The current trend is uptrend.
In my opinion there is a strong resistance level that we're going to face.
So as you can see in my chart, I think the end of uptrend is so close and it's time to set sell orders after uptrend and support level break.
I set profit taking targets as well.
Thanks for following my ideas here.
After last weeks successful short on AUDUSD from 0.71 down to Novembers low (blue dashed line) we sat out whilst it bounced back to 0.71 resistance level and looking to RELOAD our short here again.
The bounce has taken us to 60 area again on RSI- as per chart we have sold off at similar levels from here- looking for a retest of Nov low before seeing a break down...
