AUDUSD Short Idea
After a large bearish push toward our 0.67000 zone we have seen price action consolidate around this region.
From this point we need to see either a significant break lower than 0.67000 or a strong bounce from this area sending price action back up.
I’m favoring a short opportunity on this setup and will ideally look for a significant break and retest followed by many bearish confirmations.
After a large bearish push toward our 0.67000 zone we have seen price action consolidate around this region.
From this point we need to see either a significant break lower than 0.67000 or a strong bounce from this area sending price action back up.
I’m favoring a short opportunity on this setup and will ideally look for a significant break and retest followed by many bearish confirmations.