AUD/USD short; market analysis
Quite simply put, price is still heavily bearish, and technically we have just seen an intraday break and retest on this trade around the 0.6741 which shorts were triggered. Am expecting further lows towards 0.5600 regions to be tapped.
- great risk/reward trade of 1:1.5
- great risk/reward trade of 1:1.5
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.