AUDUSD Long-term Short
Hello traders !
You can see my long-term view on AUDUSD. From weekly timeframe we can see some bearish signs near to the resistance level. I expect price to fall to its support level because we need to see a retest of support. Price would also reach EMAs and 0.618 fibonacci level so these are another reasons why to expect short moves. Also USD fundamentals are good and DXY (Dollar Index) shows us some signs of positivity.
I would recommend to find an entry on 4H timeframe for the best RRR
Thank you for reading and wish you huuuge profits !! 💰💰
You can see my long-term view on AUDUSD. From weekly timeframe we can see some bearish signs near to the resistance level. I expect price to fall to its support level because we need to see a retest of support. Price would also reach EMAs and 0.618 fibonacci level so these are another reasons why to expect short moves. Also USD fundamentals are good and DXY (Dollar Index) shows us some signs of positivity.
I would recommend to find an entry on 4H timeframe for the best RRR
Thank you for reading and wish you huuuge profits !! 💰💰
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