AUDUSD 4hour Analysis March 6th, 2022
AUDUSD Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are looking bullish on all timeframes as we saw a major break of the 0.73000 resistance level.
From here we’re looking for our next structure point in the form of a higher low as close to 0.73000 as possible.
Trade scenario 2: For us to consider AU bearish we would need to see a break of 0.73000 with a lower high below.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are looking bullish on all timeframes as we saw a major break of the 0.73000 resistance level.
From here we’re looking for our next structure point in the form of a higher low as close to 0.73000 as possible.
Trade scenario 2: For us to consider AU bearish we would need to see a break of 0.73000 with a lower high below.
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.