Aud/Usd
Last week we seen indecision around our resistance area in the form of bearish pin/tailed bars.
We are currently bearish under the highs that have formed.
This pair was sold on the basis of
1. Reaching the top of a channel that formed at the beginning of 2015 (Daily)
2. Bearish Price Action
3. The break of a Rising Wedge (4h)
We could potentially see this pair reach 0.7500
Sold from 0.7695
We are currently bearish under the highs that have formed.
This pair was sold on the basis of
1. Reaching the top of a channel that formed at the beginning of 2015 (Daily)
2. Bearish Price Action
3. The break of a Rising Wedge (4h)
We could potentially see this pair reach 0.7500
Sold from 0.7695
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