AUDUSD – Shorts in play

Written by Raul Lopez on . Posted in Trades & Analysis.

A couple of hours ago the AUDUSD broke through the bottom of the short term range:

AUDUSD
AUDUSD

This breakout triggers a bearish market condition (in this case the AUDUSD), and as you already know, when any currency pair is in a bearish market condition, only short opportunities are in play (and we’ll ignore all long signals).

The next LT support level is at 0.8590

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

AUDUSD Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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