The Australian Dollar started a downtrend last week. Closing the previous week with a weekly evening star, the short term trend is now following the early signal given by higher time frames...

Aud/usd is bearish, and obviously the best setup to trade among the majors now.Although, a lot of intra day traders will wait for more confirmation, we already shorted the pair when price broke the 1.0476 4hr pivot level.

more on my Forex-Trading here...