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Australian Dollar / U.S. Dollar
Short
May 25, 2023
AUD/USD - SHORT
2
Grab this chart
Grab this chart
Daily bearish BOS.
Hourly looks like trash. Using the 9ema as my stop (close above take off half, another close above take off the other 1/2)
Looking for a big time move down since there doesn't appear to be much resistance/order blocks.
If it bounces i'll wait for a 1hour buy side LQ re-test before jumping back in.
Global growth waning (per NZ monetary notes last night) and thinking that weakness in China will weigh on AUD in the upcoming days/weeks.
cashcow04
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Trend Analysis
cashcow04
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