AUD/USD runs in Broadening Formation

We can see AUD/USD is running in Broadening Formation within 1 hour of time frame. Price may be pushed down fore more, around 0.64750 due to the upcoming US PPI data, Both 20 and 50 EMA also crosses to the down side. As a swing trader it is best to wait and enter at the higher highs & lower highs with the support of trend line.

To entries place a sell limit order at 0.65700 with 25 pips of SL and grab at least of 60 to 70 of pips target (around 0.64800) for better RRR.

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Great stuff. What else do you have on your chart? Just BBs and MAs or is that all one indicator?

No its not a single one. Those are separate indicators.