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Australian Dollar / U.S. Dollar
Short

AUDUSD: Overbought Stoch and at resistance - pullback

By Rocketman
Updated
This is an area that I wanted to get short from yesterday.. I like the resistance..but the fundamental news coming out on 30 minutes could DESTROY this trade.
Note
The Australia currency has been slowly funneling down. If the US Dollar keeps strengthening...then this AUDUSD make a good pair to short and maintain short...I expect daily trendlines to break on the AUDUSD pair, in this case (not shown).
Note
snapshot
Rocketman

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