AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we are bearish on AU and price action looks like it will continue with that trend this week.
From where price action currently is there are no perfect opportunities which is why a pullback would present a better opportunity.
Look to target lower if we can spot a strong continuation after a reversal closer to broken resistance. Target toward 0.73000 support.
Trade scenario 2: For us to consider AU bullish we ideally need to see higher low above 0.74000 with strong bullish setups.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we are bearish on AU and price action looks like it will continue with that trend this week.
From where price action currently is there are no perfect opportunities which is why a pullback would present a better opportunity.
Look to target lower if we can spot a strong continuation after a reversal closer to broken resistance. Target toward 0.73000 support.
Trade scenario 2: For us to consider AU bullish we ideally need to see higher low above 0.74000 with strong bullish setups.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.