Some bearish days waiting for Aussie Short

FX:AUDUSD240

Australian Dollar/U.S. DollarFXCM

Description

⋅ Nov 8, 2022 1:43 PM

I'm not fan of bearish Audusd for longer term, but I think AUDUSD is going to be Bearish in next days.

Comments

JoeChampion

⋅ Nov 9, 2022 11:25 AM

Makes sense, thanks!

AliSignals

⋅ Nov 9, 2022 1:05 PM

@JoeChampion, Thank you Joe.

ibrar550

⋅ Nov 8, 2022 4:08 PM

bullish days and even more bullish if CPI news is bad for dollar on Thursday

AliSignals

⋅ Nov 9, 2022 7:47 AM

@ibrar550, The CPI is just as likely to go up as it is to go down. Similarly, we may not see any difference with the forecasts!
In case of bullish CPI I think the red zone might be broken and turned to be a support.

AliSignals

⋅ Nov 9, 2022 7:50 AM

@ibrar550, Bearish or natural CPI may activate my orders around the green zone. By a very Bearish CPI I'll remove my orders.

I'm not scalpers but in case of scalping I think as long as we are under the red zone and over the green zone by adding a short-term trend condition we could dig some bearish pips.