Currently: Cash Looking to: Short @ 0.6120
As of 4/3/20 close: 0.5996
LAST WEEK: We suggested shorting AUDUSD at 0.6325 with stops on a daily close above that level and with a target of 0.5750.
UPDATE: The AUDUSD never made it up to our short entry at 0.6325 this week. Instead, it peaked at 0,6215
(another Fibo retracement resistance level) and started lower. We are now definitely in sell the rip mode with
AUDUSD. We would look to short any bounce to 0.6120 with stops on a close above 0.6215 and will be looking to
cover shorts down at 5574.