AUDUSD has MUCH more room to go south!
Dear traders,
as you probably know my best sport in FX is to stand still waiting for a high probability trade to present itself.
Since I am broadly bearish on this instrument, I love to sit and wait that the resistance at 0.79 prints out a bearish Price Action pattern so that I can enter short.
As a PLUS, RBA should be on my part.
Be it at 0.79 or 0.8, sooner or later the USD will be back and we will make money selling this pair!
Just let the market show its hand first!
Cheers
R
as you probably know my best sport in FX is to stand still waiting for a high probability trade to present itself.
Since I am broadly bearish on this instrument, I love to sit and wait that the resistance at 0.79 prints out a bearish Price Action pattern so that I can enter short.
As a PLUS, RBA should be on my part.
Be it at 0.79 or 0.8, sooner or later the USD will be back and we will make money selling this pair!
Just let the market show its hand first!
Cheers
R
