Trade Ideas Analysis: AUDUSD Crash

FX:AUDUSD   Australian Dollar / U.S. Dollar
A break and close below the recent low by drive AUDUSD to the next level low at 0.6351 and that is possible just within this year.

If a further dip should have happened, I will be looking at 0.5365 to buy on an ABCD Pattern, which can happen as far as 3 years from now.

This is the kind of analysis that I wish that I will be wrong, but it all seems so possible right now.

My long term plan for AUDUSD, I will be looking for shorting opportunity and focus in shorting this pair.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community

Live session & Trading Tips on the GO

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.