AUD/USD SHORT
AUD retail sales are out. Actual percentage was less than forecast, signaling Aussie weakness ahead.
Note
Sydney session closes at 2AM EST. In the meantime, we might see a slight bullish push to the upside, before bears take over and price pulls down. Price is below the 200 MA on the 1HR, 4HR and daily time frames, indicating downtrend.
SELL ENTRY: 0.75000 - 0.75150
STOP LOSS: 0.75412
TAKE PROFIT: 0.74362
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.