AUDUSD Short
Good Evening Traders,
This is my analysis for AUDUSD Nonfarm Payroll release. I believe USD will strengthen tomorrow. I will not place any trades for tomorrow due to the fact how volatile its going to be. As you can see in the charts basic price action has occurred. We have a bearish trend, prices broke support and has turned into resistance. I placed a slightly big SL due to market makers looking to sweep out the market. Good luck everyone
This is my analysis for AUDUSD Nonfarm Payroll release. I believe USD will strengthen tomorrow. I will not place any trades for tomorrow due to the fact how volatile its going to be. As you can see in the charts basic price action has occurred. We have a bearish trend, prices broke support and has turned into resistance. I placed a slightly big SL due to market makers looking to sweep out the market. Good luck everyone
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.