AUDUSD - Potential SHORT from cap of negative trend
The AUDUSD is approaching a key level in a 14 month negative trend.
With the RBA announcing their interest statement tomorrow, we are expecting a dovish stance.
Entry 0.7130
SELL with stop loss above resistance of 0.7168
Take profit set at 0.7060 and then 0.7020 in extension.
With the RBA announcing their interest statement tomorrow, we are expecting a dovish stance.
Entry 0.7130
SELL with stop loss above resistance of 0.7168
Take profit set at 0.7060 and then 0.7020 in extension.