AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are still looking very bearish on AU. Going into this week we’re looking for a break or bounce of our 0.65500 zone.
If we are to continue bearish we’ll look for a break below 0.65500 with a convincing lower high below.
Trade scenario 2: If price action bounces look for higher lows to confirm a short-term rally up to 0.67000
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are still looking very bearish on AU. Going into this week we’re looking for a break or bounce of our 0.65500 zone.
If we are to continue bearish we’ll look for a break below 0.65500 with a convincing lower high below.
Trade scenario 2: If price action bounces look for higher lows to confirm a short-term rally up to 0.67000
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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.