AUDUSD Short trend

9 thg 1, 2017

So the audusd has been breakin supports and going lower in a nice trend, its now retesting the prior support as resistance,and through the backtesting audusd usually when breaking the support and retesting it makes a 3-5 RR move, which is pretty good for a trade, consider also that the DXY (the dollar index is in a uptrend and gold is in a downtrend) there are pretty nice chances that this trade is gonna go in our favour, plus there is a 0,5 fib retracement in that area, which is just beautiful
i entered my short so lets see what happens