PULEMokhothu

AUDUSD 0.70633 + 0.56 % MOMENTUM CONTINUATION IDEA

Short
PULEMokhothu Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
HEY EVERYONE

Here's a look at the AUD/USD pair which just retreated to 0.7050 are clinging to some daily gains.

* AUD/USD lost its momentum after the climb, US DOLLAR INDEX is staging a technical rebound during the US session and the WALL STREET main indexes register some strong gains today from the fundamental perspective.

* The pair is currently trading in BEARISH FLAG which could signal continuation with the bears and the pair just saw a rejection at the roof of this structure looking for a move with the bears on this one.

LET'S SEE HOW IT GOES...

HAPPY TRADING EVERYONE

_________________________________________________________________________________________________________________________

ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

__________________________________________________________________________________________________________________________


If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade closed: stop reached:
🔴

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.