Dionfx

AUDUSD will go lower for the week ahead

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
at first the price consolidate and fail to break 0.72150 area of resistance.. Price goes back to the consolidation not long after it breaks forming a fakeout scenario, also the daily close are showing a shooting star candle indicating the market will go a lot lower to 0.71165 area of support.. If the price manage to break 0.71165 we will see aussie dollar go a lot lower..

I'll be only looking for a sell setup here at the AUDUSD for the week ahead
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.