Dollar Australia / Dollar ASPenjualan
AUDUSD (Short)
I'm back shorting the Aussie. There is no support on the 4hr fibonacci trend line which is why I got in. I'm planning on trading the pair down to the next fibo support at target price based on my new trading plan. One of the reasons i think this pair hasn't moved is that a lot of traders are getting in based on Elliot wave theory, as price is sitting at 61% on the retrace. With Non-farm payroll tomorrow, I'm hoping that during the Asian hours the market will move this pair before I need to get out at 1:30pm GMT.
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