AUD/USD Possible resolution below channel setting up short trade
AUD should come under some pressure given the exposure to commodities and their recent sell off.
I am short from 0.86981 following bearish resolution of 38.2 fib and confirmation of double top.
A close below the channel would be extra confirmation of a short trate
Tgt OTE Sweet spot on higher time frame.
I am short from 0.86981 following bearish resolution of 38.2 fib and confirmation of double top.
A close below the channel would be extra confirmation of a short trate
Tgt OTE Sweet spot on higher time frame.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.