AUDUSD to trend downwards?
AUDUSD had some selling pressure on 0.74080- 0.74100. This also confluences with the 100% Fibo extension level.
Based on this information, I believe AUDUSD will continue trend downwards. I shorted at 0.74040. My stops at 0.74200. First downtrend target is 0.73640 while second target at 0.73170.
This is not a buy/sell call. Do confirm with your trading plan.
Click the link if interested to open a forex account.
Based on this information, I believe AUDUSD will continue trend downwards. I shorted at 0.74040. My stops at 0.74200. First downtrend target is 0.73640 while second target at 0.73170.
This is not a buy/sell call. Do confirm with your trading plan.
Click the link if interested to open a forex account.
Trade closed: stop reached
trade was closed on may 2 when it hit 0.74200Trade closed: stop reached
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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.
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.