Anticipating reversal from this level
Risk off sell anticipated on the coming days, US dollar is weak but AUD is vulnerable to any adverse news with CHINA. The price action showing .70xx level has been a psychological barrier, so keeping that as stop we can look for Drop near .68xxx. I would add to my sell once price breaks below cloud and retest , however if price breaks and close above the descending channel on 4 hr then short idea would be invalidated
Komentarz:
In profit but not convinced by the pace of the drop, would move stop loss to secure profit , should it reverse
