AUDUSD resistance zone sell
I am still kind of a new trader and still learning, done those drawings and I believe the price will bounce from the blue box (resistance) and will break both trendlines I drew and will go short to at least .74700 (lower red line). If you have anything to add or want to correct me, please feel free to do so! I am looking for anything that can develop my trading skills!
Note
just realised the red line is not visible as I set it as an alert and not solid line, however it doesnt change what I think about the price, thanks for understanding! :)Trade closed: target reached
FOMC released, .74700 even lower got hit! happy to catch that one
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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.