JoeChampion

AUDUSD:Could fall with bearish metals and stocks!

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hey Traders, in today's trading session we are monitoring AUDUSD For a selling opportunity around 0.65900 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65900 support and resistance area.
We would also consider the current bearish momentum on Gold and indices since AUDUSD have a positive correlation with Metals and stocks that should put forwards pressure on AUDUSD to downsides.
Trade safe, Joe.

Join our telegram Channel for daily market updates t.me/JoeChampion
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.