AUDUSD Sell Idea

In a nutshell, the overall Trend is still bearish and with the upcoming RBA statement in the coming few days.

Fundamentally, I believe the USD will remain stronger than the AUD and it would take a big change on both economies to completely reverse the bearish trend. However, beware of the volatility that may come with NFP and the RBA rate announcements.

Sell idea on :

• Retest of Level 0.73000
  
• Bearish Structure & Candlestick Pattern
  
• Retest of short-term bearish trend line
  
• Break and retest of counter-trendline