Now we are waiting for the retest of downtrend line, but we have a upcoming USA CPI news soon.
So if the US data will be better than expected, this could be a good position to short it. Anyway, we will not loose anything because the trade are not opened yet.
So if the US data will be better than expected, this could be a good position to short it. Anyway, we will not loose anything because the trade are not opened yet.
Note
We have a test of downtrend line, so we are guessing it's a good opportunity to short AUDUSD right now. So if you haven't open a short trade, you can do it now. SL above 77770 and let's go!Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.