AUDUSD short setup
0.76 is the retracement of AB. And it's 1.618 of the partial BC. Based on previous resistance, I would say little red box has some force to stop / reserve the up trend. Also, recently because of the Brexit, DXY is getting stronger. When we compare together with tonight bad CPI data for AUD. I am getting ready to short this pair.
Note
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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.