AUDUSD short trade start 5/6/18
AUDUSD short trade set up. Start 5/06/18.
On Monday AUDUSD rebounded very nicely from 0.74733 to 0.76650. A nice 90 pips or so.
It is basically, on a upwards channel trying to break major support.
But it has not broken major support at 0.76650 and was strongly rejected.
Short set up to 0.75428, second target 0.75032.
Stop loss 0.76450
On Monday AUDUSD rebounded very nicely from 0.74733 to 0.76650. A nice 90 pips or so.
It is basically, on a upwards channel trying to break major support.
But it has not broken major support at 0.76650 and was strongly rejected.
Short set up to 0.75428, second target 0.75032.
Stop loss 0.76450
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