AUD/USD: short position
Australian Dollar/U.S. Dollar look bearish by the Australia Central Bank what make a hike interest rate 1.85%, what Australian economist predicted.
Right now, Aussie look weak in front of U.S. Dollar, what we could to see a good opportunity to short AUD/USD
The H4 timeframe look bearish in this side.
I will put a sell order limit to $0.6940 USD, Stop Loss to $0.6977 USD (-37 pips) and take profit to $0.6868 USD (72 pips). We have this opportunity after this important event what Australia Central Bank made today.
I hope that this analysis support you
Right now, Aussie look weak in front of U.S. Dollar, what we could to see a good opportunity to short AUD/USD
The H4 timeframe look bearish in this side.
I will put a sell order limit to $0.6940 USD, Stop Loss to $0.6977 USD (-37 pips) and take profit to $0.6868 USD (72 pips). We have this opportunity after this important event what Australia Central Bank made today.
I hope that this analysis support you
