SOSTRATOS AUDUSD

The market is downside oriented today. However, before we expect an acceleration to the downside, the market will shape an intermediate recovery. We advise to play this bearish strategy when the market approaches the initial recovery level at 0.7222, and as long as the market does not go above 0.7252. Once we see the selling level at 0.7222, we then anticipate a direct drop to 0.7082. Sell close to 0.7222 to play a drop to 0.7082. The invalidation level of this trade idea is at 0.7252.