I took a nice trade on AU short later in the week for 10%. AUDUSD forecast for this week. PA is developing nicely. On the daily and lower time frames it is looking bearish . I don't think the cycle to the downside has finished just yet. I will be looking for continuation patterns to the downside. I will wait for PA to develop Monday and wait to see if there is any opportunities London open short. I Have to keep an open mind on a possible long positions. This has just filled a weekly imb . This could spring up to the weekly high of last week where we could look for another short from that key area. Give me a like and follow for more upcoming forecasts. I will post forecast on lower time frames as it gets closer. Consistency is the key!!
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