📈 Trade Idea#asian-session#audusd#trade-idea#short
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AUD/USD Trade Idea: Asian Session Range Top Rejection
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**Pair/Symbol:** AUD/USD
The Aussie is testing the top of its 5-day Asian session range at 0.6555. Three consecutive nights have seen rejections from this level, and tonight's touch on low volume looks ripe for another fade.
China's credit impulse remains weak — a headwind for the commodity-linked AUD. And the USD has caught a bid from safe haven demand this week.
**Entry:** 0.6552 (short after rejection wick forms)
**Stop Loss:** 0.6572 (above range top with buffer)
**Take Profit 1:** 0.6530 (range midpoint)
**Take Profit 2:** 0.6510 (range bottom)
**Risk/Reward:** 1:1.1 to TP1, 1:2.1 to TP2
Watch the 00:30 GMT Australian retail sales print — a beat would invalidate this short setup immediately.
Are you watching AUD/USD tonight?