AUD/USD Trade Idea 🐨

in forex •  6 years ago 

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Hey guys,

Just a quick share before I head off to sleep. Check out the Aussie dollar setup that we’ve got just starting to unfold.

Start with a higher time frame daily:

AUD/USD Daily

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You can see that with that downtrend and higher time frame trend line resistance holding, it’s shorts we’re after.

Now step into an intraday, hourly chart:

AUD/USD Hourly

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This is where you can see the pullback into previous short term support turned resistance that we can potentially enter on.

Do you like the setup?

Peace ✌🏻.




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i think i like the set up