AUDUSD Bearish Action
Updated
Using Fib and Support and resistance to determine this bearish move, could however bounce off the support of 0.7500 in which we would be looking for confirmation to buy, however we are currently looking to break this barrier and continue down to a possible 0.7300-0.7300
Note
If we bounce from the 0.7500 I will be taking profits and then waiting for confirmation to buy.
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.