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AUDUSD Forecast and Short Trade Opportunity
Update: Sub-target has been achieved
AUDUSD Forecast and Short Trade Opportunity
Fundamentally:
The Fed announced to reduce the repo operations by the end of April.
Global USD Demand remains strong. Aussie is overbought already.
The pair is testing the broken structure at 0.64400.
Bearish White Swan will be completed at 0.64900.
We sell the pair at 0.64400.
Our Stop Loss: 0.65100
Target 1: 0.63100
Target 2: 0.62400
Target 3: 0.61700
We plan to add short at the fractal breakout. We will update.
Update April 16th:
We have achieved our first target. Book partial profit at the second target.
Wait for the fractal breakout to add shot.
Entry notification will be sent. Live chart is updated with fractal line.
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