AUDUSD: Short Signal Explained Short

Australian Dollar / U.S. DollarFOREX.com

Description

⋅ May 21, 2022 4:06 PM

AUDUSD
- Classic bearish setup
- Our team expects fall

SUGGESTED TRADE:

Swing Trade
Short AUDUSD
Entry Point - 0.70344
Stop Loss - 0.71530
Take Profit - 0.68561
Our Risk - 1%

Start protection of your profits from higher levels

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Comments

UnitedSignals

⋅ May 21, 2022 4:09 PM

Will you take a trade here?

rohangittens

⋅ May 22, 2022 5:33 PM

Thank you for your many great analyses. Once again you seem to be spot on with this one. However, I was wondering how the recent change in gov't is expected to impact the aussie dollar? Was this a factor in your consideration?