AUDUSD : Will channel breakout trigger downfall ?!

Updated
(i) I expect Audusd to break the daily levels
(ii) After channel breakout (down) , If price reverses suddenly after touching 0.7450's zone be quick to manage the trade
(iii) Active trade management is strongly advised in this Audusd setup

I'm not ruling out upside breakout, given the Dollar strength, I expect aussie to move lower.
Happy Trading !
Trade active
Audusd Game on, hope you guys are roaring with bears..
Note
In audusd, aim for targets around 0.7330's , trail stops as per your plan.
Note
There is no change in our targets for 0.7330's, just strictly trail your stops
Trade closed: target reached
Booked profits, Grabbed all the pips as planned :)
AUDUSDaudusdshortaudweakbreakoutParallel ChannelSupport and Resistance

Also on:

Related publications

Disclaimer