AUD/USD 4 Hour Chart Possible Short
There is demand at 0.7714-0.7725 area if anyone wants to enter short for about 80 pips but personally I'm staying away at the moment.
Nota
Once price hits demand area, I'm thinking about entering long for a very big push.Nota
Price is continuing to fall as Frankfurt has opened up so keep your short positions and enjoy.Nota
Price is continuing to march towards demand area. Hold short positions and start moving stop losses to break even if you already haven't done so.Nota
New Zealand consumer price index having a negative effect on the AUD, watch for price to continue to go down. AUD news comes out in less than 3 hours.Nota
AUD RBA Meetings Minutes comes out in 30 minutes.
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