AUDUSD is corrently trading in a nice downtrend, and as piphunters we then look for SHORTS.

But currently price is trading an a close proximity to a string demand zone. So if you are already short you can stay long. But we can not enter short until we see a Norse setup BELOW demand zone.

If price fails to bread demandzone, then we can start considering LONG if we
  • Short term long if price break 1H trendline
  • Midterm Long if we get a Norse setup above daily EMA36


Today we spooled our review down to youtube, if you are interested in a more in detail description.

youtube.com/watch?v=HOoyYXAeeLQ
ForexpiphuntersreviewUSD (US Dollar)

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