MJFxedge

AUDUSD pending sell entry

Short
FX_IDC:AUDUSD   Dollar Australien/Dollar Américain
AUDUSD has tested and broke above supply area but whether it will be failed attempt and price go back below is left to be seen. On daily chart there is shooting star in forming. Next week the only news from Australia are Consumer inflation expectation and Consumer confidence as well as home sales data. So it all will depend on dollar strength across the board and also theworldwide risk sentiment. I am looking to sell around 0.7165; stop loss and target profit on chart above

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