Still watching and waiting for the SELL trade...bulls are strong

AUDUSD looks even more interesting for a nice breakdown sell trade...waiting and watching this pair to break back into the previous channel to sell all the way to the bottom and potentially further. Let's make this happen!

On the flip side the bulls have been strong and broke out of my previous channel where I wanted to look for short trades. In this area longs would be a viable play all the way to the top of the large channel trendline. If price continues breaking out then this will be a very nice trade long. But I am still preferring the short side of this trade. Now go get those pips!