AUDUSD : Another bearish short setup in 4h resistance zone

22. Aug. 2016

The marked zone is 4h resistance zone in AUDUSD and we had previous instances where price respected this particular zone. I haven't initiated positions yet, will do only after getting bearish close in the zone. Currently,its shooting star, lets wait n watch then we will enter short in AUDUSD. Check ur risk n reward before initiating positions.

Thanks for your support..! Happy Trading !