AUDUSD Is About To Fall, Wait For A Confirmation

Dec 3, 2020

Traders, AUDUSD has reached a high probability FCPzone now and we can see a downward move from here. Make sure that you have a confirmation before you enter a trade. Horizontal lines and arrows indicate possible profit targets along the way.

On a side note, SnP500 has been somewhat correlated to AUDUSD as well in 2020 without any particular reason. So this can indicate a fall in SPX500 too. It may or may not happen but take it as a warning.



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Take care and trade well
-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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