AUDUSD, Bears might take over again.
AUDUSD / 1D
Hello traders, welcome back to another market breakdown.
AUDUSD has been trading bearish on the weekly time frame. The price has been pulling back and rejeted the trend line.
Bears need a brekout with at least a daily close bellow the last swing low.
I'll be looking to short the retest after the breakout (if it happens).
Trade safe,
Trader Leo.
Hello traders, welcome back to another market breakdown.
AUDUSD has been trading bearish on the weekly time frame. The price has been pulling back and rejeted the trend line.
Bears need a brekout with at least a daily close bellow the last swing low.
I'll be looking to short the retest after the breakout (if it happens).
Trade safe,
Trader Leo.
Note
No breakout yet.
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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.