AUD USD Short Trade

Randy BalcomBlog Post, TradesLeave a Comment

We have a potential short on the daily time frame of the AUD/USD pair.

The weekly is still in a down trend

The daily is showing a potential short setup with a greater than 1:1 reward risk ratio

Price would be moving into a Dynamic Zone below.

Note: This trade is invalid if price closes above .7162

I would wait to see how the market opens today before taking this trade.

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