Update: AUDUSD - Short

Update: Target Reached. Short Closed. Looking for further short opportunities.

Red: Resistance/Support
Yellow: Falling ST Trendline
Blue: MT Channel Bottom
Green: LT possible Support.

Since Summer 2014. Watch those megaphone formations followed by a drop every time.

We could see a trend reversal but that long doji rejecting the Yellow bottom channels is a good place to short.