Get started
Australian Dollar / U.S. Dollar
Short

AUDUSD: Important Breakout & Bearish Continuation

By VasilyTrader
snapshot

hey guys,

if you missed a short rally on audusd and want to be involved in this movement,
I would suggest you be focused on the expanding supply area based on 0.721 level - last higher low and the broken support line
of a major falling channel that was broken yesterday.

aggressive on spot entry is not an option right now, because it will be hard to place a safe stop.

next goal for sellers is 0.702 structure and the market will most likely continue going there.
audAUDUSDaustraliandollarChart PatternsCurrenciesFibonacciForexTechnical AnalysisTrend AnalysisUSDDJ FXCM IndexUSD (US Dollar)
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.