Strifor || AUDUSD-10/09/2023
Preferred direction: SELL
Comment: It’s not particularly possible to find long entry points for the Australian currency. Here it is better to stick to the sell-priority further. At the moment, the price is at the resistance level of 0.63775, which makes it possible to gradually gain a short position. One need to understand and give some room for the fact that the instrument can still grow a little. The sellers' target at the moment is to re-test local minimums and likely update them.
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Comment: It’s not particularly possible to find long entry points for the Australian currency. Here it is better to stick to the sell-priority further. At the moment, the price is at the resistance level of 0.63775, which makes it possible to gradually gain a short position. One need to understand and give some room for the fact that the instrument can still grow a little. The sellers' target at the moment is to re-test local minimums and likely update them.
Thank you for like and share your views!
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