AUDUSD Short Idea
AU is looking very bearish on mostly all timeframes and is looking to set up for another bearish push.
This last retracement was good market movement, we saw the 38.2% fib level hit as well as a lower timeframe level of structure.
To enter short we ideally want to see 0.57250 broken and retested followed by strong bearish setups.
Look to target lower toward our 0% fib level and -27% fib level
AU is looking very bearish on mostly all timeframes and is looking to set up for another bearish push.
This last retracement was good market movement, we saw the 38.2% fib level hit as well as a lower timeframe level of structure.
To enter short we ideally want to see 0.57250 broken and retested followed by strong bearish setups.
Look to target lower toward our 0% fib level and -27% fib level