Get started
DMequities

AUDUSD Next Leg down or a fake out?

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
DMequities  
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD shortsetup SELL audusdforecast
8
0
audusd shortsetup sell audusdforecast
Daily
  • rejection at big figure .7700
    weekly Trend Line
    Daily Bearish order Block

4hr

possible head and shoulders formation in process
Impulse leg down from high
Price below 20/50 ema + Cross below
Price in corrective flag pattern

waiting for price to break out: to upside to tag stops around .76300
Targeting short term .7371 resting stops
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.