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AUDUSD – Follow the right flow idea

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
EliteFxAcademy  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Technical Indicators AUDUSD elitesystem elitestrategy Support and Resistance support SELL
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trendanalysis indicator audusd elitesystem elitestrategy supportandresistance support sell
AUDUSD – Follow the right flow idea

Trend: Sell/ Neutral

Support/Resistance:
R3: 0.68246
R2: 0.66717
R1: 0.65818
S1: 0.64330
S2: 0.62864

Price action:
At current flow, market is in bearihs flow. But because buyers bounced from 0.64330 new support level very strong, then we can expect short correction for now to 0.65818 resistance level. From overall perspective, flow will continue after breaking weekly lower low at 0.64330 to 0.62864.

Potencial trade idea:

Bulls targets:
T1: 0.65818

Bears targets:
T1: 0.62864

NOTE – We are trading AUDUSD via the preferred trading setups
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