AUDUSD pending short
Pending short order at 0.7688; Target at 0.76; Stop loss at 0.7739.
Last week price moved from 0.76 to 0.5 Fibo retracement of monthly high.
Price found resistence at that level.
Better then extimated US data are building pressure on the downside.
Short entry at 0.7688 gives as an accettable risk reward.
Last week price moved from 0.76 to 0.5 Fibo retracement of monthly high.
Price found resistence at that level.
Better then extimated US data are building pressure on the downside.
Short entry at 0.7688 gives as an accettable risk reward.
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