AUDUSD to Reverse?

FX:AUDUSD   澳幣 / 美元
A counter trend opportunity could arise on the AUDUSD .
As it approaches the 2015 & 2017 high of 0.8070, a reversal with very good R:R could be likely.
評論: counter trend trade was not triggered
now to re-evaluate again
Still think it would happen?
@AshaDi, will have to re-evaluate again, although possible, i think less likely, until possibly thursday
My only concern with this good looking trade is only what the big boys will turn around and say when they get back after Martin Luther King Day in USA and be like what the hell happened whilst we were away!!! Lets get the AUD to 92 hahahahaha! But all in all with the stale outlook for AUD economy and its technical outlook also feeling a little overstretched over Xmas period I would also be interested in this trade!

Jin_LCMSTraders Scottnoveldex
@Scottnoveldex, it is quite likely that could happen after the bank holiday.
That is why, with all counter trend trades, it'll be something to monitor and manage, understanding the risk and probability.

Scottnoveldex Jin_LCMSTraders
@Jin_LCMSTraders, Thanks as always for the guiding light!!!
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