AUDUSD ANALYSIS SHORT TERM DOWNSIDE
HELLO ALL,
AUDUSD WAS REJECTED FROM THE 1HR TREND LINE AFTER POSITIVE USD DATA. THE PAIR IS JUST UNDER THE WEEKLY RESISTANCE, OVER THE 4HR TREND LINE AND OVER EXTENDED ON 4HR AND DAILY RSI. LOOK FOR THIS PAIR TO PUSH LOWER IN THE OPENING DAY OR DAYS OF THE TRADING WEEK. LOOK FOR PRICE ACTION FROM THE PREVIOUS LOW AND LISTEN TO YOUR FUNDAMENTALS, GOOD LUCK TO ALL!!!
PLEASE GIVE A THUMBS UP IF YOU LIKE AND COMMENT YOUR IDEAS AND OPINIONS, THANK YOU!
AUDUSD WAS REJECTED FROM THE 1HR TREND LINE AFTER POSITIVE USD DATA. THE PAIR IS JUST UNDER THE WEEKLY RESISTANCE, OVER THE 4HR TREND LINE AND OVER EXTENDED ON 4HR AND DAILY RSI. LOOK FOR THIS PAIR TO PUSH LOWER IN THE OPENING DAY OR DAYS OF THE TRADING WEEK. LOOK FOR PRICE ACTION FROM THE PREVIOUS LOW AND LISTEN TO YOUR FUNDAMENTALS, GOOD LUCK TO ALL!!!
PLEASE GIVE A THUMBS UP IF YOU LIKE AND COMMENT YOUR IDEAS AND OPINIONS, THANK YOU!
Comment:
Trade active:
Sell
Comment:
HELLO ALL,
WE ARE IN A SELL FROM .7011 BASED ON WHAT LOOKS TO BE A FALSE BREAKOUT. PRICE REJECTED THE WEEKLY TREND LINE, PRICE ACTION LOOKED TO BE BEARISH.
WE ARE IN A SELL FROM .7011 BASED ON WHAT LOOKS TO BE A FALSE BREAKOUT. PRICE REJECTED THE WEEKLY TREND LINE, PRICE ACTION LOOKED TO BE BEARISH.
Comment:
Trade closed manually:
CLOSED AT .6948, GOOD LUCK TO ALL! USE JUDGMENT!
