AUDUSD is trending pair in it's nature and one of the most if not the most trending currency pair in the market. The market is now bullish and is at a previous higher low area to potentially give us a higher high. The only time I will be interested in shorting this pair would be if break below our 0.63600 area because that is our monthly demand area. Trade what you see and not what you feel and remember that the man on top of the mountain did not fall there.
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.