We have a bearish view bias on AUDUSD. It could retrace back to its horizontal overlap resistance at 0.7298 before making a further move down. Ichimoku cloud shows signs of bearish pressure which contributes to our bearish bias. Here’s our idea!
Nassa99
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@FXCM-EDU, thanks for your help :)
I'm already in with a low amount. I'm hoping for the best haha
Good luck with the trades!
blankz13
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Never go against the trend although. its nice risk reward. i wouldnt trade it though. close shorts around 0.7525 and 0.7177 in my opinion its will take off from there.
Nassa99
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@blankz13, Thanks for your opinion! :) I'll be careful with this short. Like I say in the description, it's a short-term SHORT trade. hehe Thanks for the advisement, hope it helps others as well.