After the false break above 0.72 from last week, AudUsd dropped rapidly and broke both the ascending trend line from the flag and horizontal support at 0.71.
Now the pair is in a normal correction that could offer a good opportunity for shorting this pair
In my opinion rallies above 0.71 should be sold and the target could be 0.7 important support
Now the pair is in a normal correction that could offer a good opportunity for shorting this pair
In my opinion rallies above 0.71 should be sold and the target could be 0.7 important support
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.