SPATrading

AUDUSD - Neutral with short bias

FX:AUDUSD   Australian Dollar / U.S. Dollar
For the last 7 trading days buyers failed to push price higher above the significant confluence of static and dynamic resistance levels. Yesterday, a 2 days bearish engulfing outside candle was printed on the chart (unconfirmed footprint of sellers). If this is a real footprint of sellers then we need to price breaking the low of it (0.6253).
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.