AUDUSD: Structure Analysis
At the moment, AUDUSD is testing a strong structure area which can push the price in both directions. We need to be careful because this is a structure of high importance for the future direction of the price.
Bearish scenario:
If the price stays below this structure area 0.6620 - 0.6630, it should decrease to 0.5690; 0.6560 and maybe to 0.6530 where it was on September 26.
Bullish scenario:
If the price crosses the structure area 0.6620 - 0.6630, then it should increase further as the bullish scenario is showing 0.6660 and 0.6685.
You may focus on the scenario you want to trade.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
At the moment, AUDUSD is testing a strong structure area which can push the price in both directions. We need to be careful because this is a structure of high importance for the future direction of the price.
Bearish scenario:
If the price stays below this structure area 0.6620 - 0.6630, it should decrease to 0.5690; 0.6560 and maybe to 0.6530 where it was on September 26.
Bullish scenario:
If the price crosses the structure area 0.6620 - 0.6630, then it should increase further as the bullish scenario is showing 0.6660 and 0.6685.
You may focus on the scenario you want to trade.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.