andrey_kurniawan

AUDUSD Potential Short position

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is in bearish trend if we are looking at 1H timeframe.
Zoom in to 15-minute timeframe, we are seeing short position opportunity if the price breaks its trendline support.

Despite unexpected news this morning related to Australian dollar which brings strong good momentum for all AUD pairs, the momentum seem weakens in USA trading hours.
I am expecting AUDUSD to continue its major trend (bearish) and forming descending broadening wedge pattern.

Happy profit!

Good luck!

Mekar Trading Forex by Andrey Kurniawan

Telegram: t.me/forexmekartrading

Other contacts: linktr.ee/mekartrading
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.