AUD / USD is in a down trend.
Chart below:
Price has pulled back over the past 48hrs allowing a short position to be considered.
Price has now broken down through the averages and I am looking to enter short as detailed below.
Levels and Chart below:
1st Entry: 0.9190
2nd Entry: 0.9210
Averaged entry: 0.9200
Stop Loss: 0.9240
Target: 0.9000
I will update again should the position be opened.
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