THREE REASONS TO SHORT USDAUD

Hi Traders,

What you see is what you get;
1. The USDAUD is in a DOWN TREND
2. The USDAUD comes into the horizontal RESISTANCE ZONE
3. The USDAUD can find some resistance against the orange TRENDLINE.

Let me know what you think about USDAUD

Trade active:

And we are in..

Comment:

FIRST Profit Target is hit.
We close 1/2 of our position. And will move stoploss to 1.3260 to lock in our profits.

Comment:

Stoploss is now moved to 1,3190.