Cycle wave top was last Tuesday (7th)- I have significant short...

Cycle wave top was last Tuesday (7th)- I have significant short positions on AUD, GBP and EUR. I am currently out of the GBP short position but my conviction is for the downside.

Good news is the shorter trend range trade for EUR, GBP was hit in almost one day so the retrace on those FX crosses are completed in the short-term (stay short in my opinion).

The only one which I am unsure of for the mid-term trend is the AUD since the short-term range trade from 1.0561 to 1.0735 was not completely traded. Still believe we will have to test the 1.0415 level on AUD first before we can be sure of the downside.

Happy and safe trading!