Recently closed 4H candle in AUDUSD looks like bears have managed to drag the pair lower from the resistance area. A pullback to 0.7040 is possible if the resistance area that I have highlighted in my chart holds.
So, there's a good chance to sell and make 100 pips. I have already sold when price moved to the resistance area and currently holding my sell for 0.7040 TP
So, there's a good chance to sell and make 100 pips. I have already sold when price moved to the resistance area and currently holding my sell for 0.7040 TP
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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.