HEAVILY BEARISH ON AUDUSD : MONTHLY PRICE ACTION ANALYSIS
Generally the Institutional Order Flow(IOF) for AUDUSD have been bearish.
Price breaks to the downside on the Monthly Timeframe and have been distribting shorts to the downside since the inception of the year
Primary targets for the pair
Target 1 : 0.64585
Target 2 : 0.61703
Target 3 : 0.55101
Price breaks to the downside on the Monthly Timeframe and have been distribting shorts to the downside since the inception of the year
Primary targets for the pair
Target 1 : 0.64585
Target 2 : 0.61703
Target 3 : 0.55101
Trade closed: target reached
Target 1 have been reachedNext target is 0.61703
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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.