Is the $AUDUSD running out of steam?
For 9 straight years the Aussie Dollar has been in a horrific bear market. And at this point I don't see any reason to bet against the re-emergence of this bear trend.
Picking bottoms is notoriously hard (something I actively avoid). So thankfully with this setup I see a great risk reward opportunity on the short side.
Picking bottoms is notoriously hard (something I actively avoid). So thankfully with this setup I see a great risk reward opportunity on the short side.
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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.