ForexTrendline

A trend trade opportunity on AUDUSD

Short
FX_IDC:AUDUSD   Dollar Australien/Dollar Américain
Last week we've had a clear downside move on AUDUSD.
Right now it looks like this move will continue and we're looking for a possible entry.

This could happen later on today.
We could consider a candlestick pattern formation inside of the zone as a good confirmation and this will give us our entry signal.

We're expecting another downside push and price breaking below the previous low.
The next support level is at 0,7430!

Don't forget that there is a Powell speech today!

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