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AUDUSD: Key Resistance Zone to Watch for Shorts

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Fxprotrader Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis
16
0
trendanalysis
Previous strcuture and the sliding parallel of a descending channel create a strong resistance zone for us to watch for a sell setup. We already see that price is being rejected at current level
Trade closed: target reached:
Price dropped from our sell zone.. Let's see now how price unfold at current level to see if we should take action

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