AUDUSD, failed to make a new high.
AUDUSD / 1D
Greetings, traders! Welcome back to another market analysis.
The AUDUSD pair has been following a bearish trend, with the price indicating signs of breaking out from a channel. This breakout suggests the possibility of further down movement. I intend to consider entering positions at lower higher prices following confirmation of the lower time frame during the next pull-back phase.
Trade safely,
Trader Leo
Greetings, traders! Welcome back to another market analysis.
The AUDUSD pair has been following a bearish trend, with the price indicating signs of breaking out from a channel. This breakout suggests the possibility of further down movement. I intend to consider entering positions at lower higher prices following confirmation of the lower time frame during the next pull-back phase.
Trade safely,
Trader Leo
Note
No breakout, no trader
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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.
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.