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JMM-11
Jun 1, 2023 7:42 PM

AUD/USD: Bears are in the HOUSE! Short

Australian Dollar/U.S. DollarFXCM

Description

Hello traders, during the New York session, the bulls pushed price to the 0.6570 resistance level. Seeing that momentum faded, a doji formed on the 1 hour time frame which then resulted in selling pressure coming into the market. Bears can take control towards the next support level and further if possible. Let's continue to monitor the charts as this session comes to an end.

#PATIENCE/FOMO

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