AUDUSD 4hour Analysis March 13th, 2022
AUDUSD Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are also looking very bullish on this pair, AU. We can consider our support level around 0.73000 as the key zone.
As long as price action is above 0.73000 we will generally be looking for long scenarios. Ideally we can spot a strong reversal above 0.73000 with entry confirmations to enter long on.
Trade scenario 2: For us to consider AU bearish we first need to see a break of 0.73000 support with a lower high below.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are also looking very bullish on this pair, AU. We can consider our support level around 0.73000 as the key zone.
As long as price action is above 0.73000 we will generally be looking for long scenarios. Ideally we can spot a strong reversal above 0.73000 with entry confirmations to enter long on.
Trade scenario 2: For us to consider AU bearish we first need to see a break of 0.73000 support with a lower high below.
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