MarcoLi

AUDUSD short setup

Short
MarcoLi Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
4
0.76 is the retracement of AB. And it's 1.618 of the partial BC. Based on previous resistance, I would say little red box has some force to stop / reserve the up trend. Also, recently because of the Brexit, DXY is getting stronger. When we compare together with tonight bad CPI data for AUD. I am getting ready to short this pair.
Comment:
trade active.
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