FX:AUDUSD   Australian Dollar / U.S. Dollar
AU has been in a range bound condition since early January 2021. In today's trading session, I will be looking for short-term selling opportunities. As there isn't any clear static S&R zones to guide my entry, I will be paying attention to the 50ema on the 4h chart as a potential bearish rejection zone with target towards the 0.7520 support zone.

Trade safe and be flexible.

Do follow my profile for daily fx forecast & educational content.

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.