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Australian Dollar / U.S. Dollar
Short

AUDUSD - Short

By AaronSLuce
AUDUSD

Fundamentally price is looking bearish as risk sentiment is currently negative. We are also seeing higher yields driving the US Dollar higher. For me, shorting here with an untested trend line above, would go against my plan, so I would like price to drive higher into the 61-71% fibonacci in order for a correct shorting opportunity.
breakoutDivergenceFibonacciFibonacci RetracementretestTrend AnalysisTrend Lines
AaronSLuce
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