ShukriMahadi

AUDUSD where should we get onboard?

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD already resumed bearish downturn from last week.

There are a few possibilities for entries;

1) PULL BACK
We are waiting for a pullback to 0.7490 and 0.7530 area for a good short.
SL is at 0.7600

2) BREAKOUT
Alternatively we will place a SELL stop order at 0.7405 with SL 0.7450

Recommended quick take profit is at 0.7370 and try to hold the trades with trailing SL.

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