AUDUSD SHORT Following Trend Line

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AUDUSD has touch the top of the trend line and quickly pulled back.
While also placing the Fibonacci, we can see it was shorted in the golden 50-61.8 zone.

In its previous 1 hr uptrend, this Friday, it has broken the trend and is now heading down, hopefully towards the bottom trend line for its third touch.
TP is at the -.27 level and may take half off near 4 RR.

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Commentaire
Stop moved to breakeven.
FibonaccifiboncciForexTrend AnalysisTrend Lines

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