The trend is your friend: Sell Australian Dollar!!!

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In this analysis, we sell Australian Dollar because the U.S. interest rate and that cause that United States is go on to the recuperation.

snapshot

But, it's suppose that in H4 timeframe we continue up, but as the U.S. recuperation, the Australian Dollar it's goes to the sell, also look that we are in the bearish channel and we continue sell for the trend.

My objective is just find down 80 pips, I entry in the $76.56 JPY, and that we are in short position. So, still support this idea.

snapshot

Also, more intersting is this timeframe. So, I will going to updated tomorrow!!!

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