Currently looking to short theAUDUSD as a intraday trade so I wont be in theposition for longer than a few hours.
My reason for wanting to short this pair is simply because that we have failed to create new HLS AND HHS plus we have be ranging for the past hour with a decent support and resistance. We have also broke our parrel channel and this a indication to me that we should be heading back down.
My reason for wanting to short this pair is simply because that we have failed to create new HLS AND HHS plus we have be ranging for the past hour with a decent support and resistance. We have also broke our parrel channel and this a indication to me that we should be heading back down.