Potential Sell in AUD/USD if the resistance level holds
Dear traders, AUD/USD has been in an uptrend for the last few days.
However, price has not been able to break the resistance level
that I have highlighted in my chart.
Keep in mind, that we have the FOMC event later in the day which could
lead to a lot of volatility in the AUD/USD pair. So, be very cautious with
your entry.
That being said, if bearish price action forms in the resistance level,
traders can consider selling AUD/USD@0.68 with SL above resistance
and TP at 0.66.
However, price has not been able to break the resistance level
that I have highlighted in my chart.
Keep in mind, that we have the FOMC event later in the day which could
lead to a lot of volatility in the AUD/USD pair. So, be very cautious with
your entry.
That being said, if bearish price action forms in the resistance level,
traders can consider selling AUD/USD@0.68 with SL above resistance
and TP at 0.66.
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.