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AUD/USD SELL - 24/10/2017

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OANDA:AUDUSD   Dólar Australiano/Dólar Americano
The pair was trading in the small consolidation below the previous local consolidation yesterday. Volume on the market was small, so we can’t point out any new volume level or zone. Given the exit of the price from the consolidation, we should give preference to short positions. We can enter the market after a resumption of the fall on increased/large volume. A stop loss should be placed above the beginning of the sharp move. A potential of the deal is 50-60 points.

The bottom line: short positions are in priority.
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