Hi Traders, today i'm looking for the first signs of a AUDUSD failed rally. I'm watching on the lower timeframes to see the AUD run out of upside steam, make a break to the downside and then continue downside direction.
Technically; the last few days printed a solid bottom, but downside is likely to be retried towards the 61 cent big figure, and potentially to the 60 cent mark if bears can gather steam.
Watch this space!
Technically; the last few days printed a solid bottom, but downside is likely to be retried towards the 61 cent big figure, and potentially to the 60 cent mark if bears can gather steam.
Watch this space!
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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.