Hello traders good to be back with you as today we take a look at the AUDUSD 60 minute chart for the short trade. As we look at the chart you can see the big sell off, I am look for the aggressive pull back. Traders we are looking for a pull back to the 50% Fibonacci level of the 61.8 at the price of 0.7590 would be great but I do not expect that it is more likely to get to the 50% at the price of 0.7570. I would like to take profit at the support and the price of 0.7520.
Thank you traders and we will talk soon……William