Near Term Trend: Bullish / Neutral
As of 2/16/18 close: 0.79073
UPDATE: Last week, I suggested buying AUDUSD with a target of 0.80533 and then looking to short there with a downside target of 0.77461.
The AUDUSD got as high as 0.79911 or so and seems to have run out of upside gas there. Im guessing its lower that it will go from there for a bit.
Sell longs / get short on a bounce to 0.79911 with stops above 0.80533 and with a downside target of 0.76604. Cover shorts AND get long there. Upside target on buys will be 0.81809.