AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking overall bearish here on AU but we are right at our 0.67000 zone and need to wait for a break or bounce.
If we are to continue with the bearish trend we’re looking for a break below 0.67000 with a lower high below.
Trade scenario 2: If we see a bullish bounce off 0.67000 look for price action to push higher into 0.68500.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking overall bearish here on AU but we are right at our 0.67000 zone and need to wait for a break or bounce.
If we are to continue with the bearish trend we’re looking for a break below 0.67000 with a lower high below.
Trade scenario 2: If we see a bullish bounce off 0.67000 look for price action to push higher into 0.68500.
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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.