jamison_fx

AUDUSD NEEDS A BREATHER MOVING SIDEWAYS

Short
FX:AUDUSD   Dollaro australiano / Dollaro
I posted last week that I wanted to see a pull back short from the highlighted level. We have now got that showing that its running out of steam. Price has been moving sideways slowly making its way up, overall I want to see a weaker AUD to also back my other trades. Ill be looking at entries around the highlighted area with stops quickly moved to break even, after a very bullish move we often see a final push before the reversal to try catch out any early short sellers. Trade what you see as things can change very fast!

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