Hi there,
AUDUSD appears stagnant around the 0.64556 level, which keeps the price confined within a bearish range.
The low point at 0.63928 supports bullish momentum toward the current high, but that high is losing bullish strength.
I anticipate a bearish continuation down to 0.64046, with a target bias of 0.63561.
Happy trading! Hope you have a great and fruitful week.
K.
Not trading advice
AUDUSD appears stagnant around the 0.64556 level, which keeps the price confined within a bearish range.
The low point at 0.63928 supports bullish momentum toward the current high, but that high is losing bullish strength.
I anticipate a bearish continuation down to 0.64046, with a target bias of 0.63561.
Happy trading! Hope you have a great and fruitful week.
K.
Not trading advice
Trade closed manually
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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.
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.