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r_rudnitsky
Jan 16, 2018 11:20 AM

AUDUSD will be reversing soon Short

Australian Dollar/U.S. DollarFXCM

Description

Waiting for a higher high and a reversal into a broad correction to the last uptrend.
0,8 is going to be a tough resistance, there is a massive number of contracts there according to CME
This hew high is expected to be a 5/5 wave, therefore I will wait for an impulse down followed by a puulback and will short this pair for a nice move down
Good luck!
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