AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Ok this thing is primed and ready to drop! Looking very bearish and we’re currently in the middle of confirming a lower high at broken support.
If we can spot some good bearish confirmations in this area we’ll be looking at a great short position with a target near support at 0.73000.
Trade scenario 2: To consider AU bullish we would ideally need to see a break above 0.74000 with a confirmed higher low. We’ll be looking to target higher toward 0.75000!
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Ok this thing is primed and ready to drop! Looking very bearish and we’re currently in the middle of confirming a lower high at broken support.
If we can spot some good bearish confirmations in this area we’ll be looking at a great short position with a target near support at 0.73000.
Trade scenario 2: To consider AU bullish we would ideally need to see a break above 0.74000 with a confirmed higher low. We’ll be looking to target higher toward 0.75000!