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AUDUSD: Market Commentary 29 December 2018

FX:AUDUSD   Dolar Australia/Dolar U.S
AUDUSD--The market has reached 0.7780 at key resistance zone and it is still showing to bearish bias market. There is a pin bar appears at completed bearish cypher . It is a signal to sell.

Reasons for Bearish Market:
Downtrend bais
Market completed Bearish Cypher Pattern
Key signal at D point (explained above)
Pin bar touches key resistant zone

Market Plan:
Entry: 0.778
SL : 0.790
TP: 0. 765
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