AUDUSD The pair is heading down.
Trend; Down
Strength; Medium
Status; Trend reversal
Waiting for a retracement to 0.7213 to go short or enter at the break 0.7171.
STOPS; 0.7217 & 0.235
TARGET; 0.7141 & 0.7113
Only the break of resistance at 0.7235 will invalidate the trade.
Strength; Medium
Status; Trend reversal
Waiting for a retracement to 0.7213 to go short or enter at the break 0.7171.
STOPS; 0.7217 & 0.235
TARGET; 0.7141 & 0.7113
Only the break of resistance at 0.7235 will invalidate the trade.
Trade closed manually
The market almost hit our first target and reversed course at 0.7146. Waiting for another opportunity to enter the market.
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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.