✅AUD_USD will be retesting a resistance level soon at 0.6555
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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AUD/USD Sell for H1 Timeframe
AUD/USD Sell 0.65329
TP1 : 0.65168
Tp2: 0.64990
This is an ideal for H1 trading.
If you need more information, comment here .
Here I have AUD/USD on the 1Hr Chart!
Price has found quite a Support @ .64848!
Not only that, but we have 2 Clear Tops and price is working on a 3rd!!
If price is unable to move any HIGHER than this Resistance @ ( .65296 - .65246 ), I suspect price will move back down to the Support or "Neckline" and with that, will have completed a VERY STRONG reversal...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Hello Traders, I hope you doing great.
for upcoming week, I think we'll probably see an Upward trend on AUDUSD and a downward correction on DXY$.
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Hello,Friends!
It makes sense for us to go short on AUD/USD right now from the resistance line above with the target of 0.647 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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Hey Traders, in the coming week 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.
Trade safe, Joe.
As seen on the D1 time frame AUDUSD is still in a downtrend
price is currently ready for sells as price is rejecting 61% fib level
check next post on how to capitalize on this AUDUSD down move
having met all my critria for short i.e shift in market structure, imbalance to the downside, therefore, i am anticipating shorts in aussie dollar, but lets see how the new week open will run existing liquidity levels.
A glimpse of the AUDUSD in the first half of 2024
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According to my risk and capital management system, the risk of each trade is one percent per position.
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Hello friends nice to meet you all hope you have a good time and have a great investment time.
As you see the blue line, RSI berish divergence was appeared.
It can have a rebound at a meaningful recent point and the final goal is the tail's zone below.
Hello,Traders!
AUD-USD has already hit
The horizontal resistance
Of 0.6560 and the pair
Is already seeing a bearish
Reaction so I think that
The pair will go further down
Sell!
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Check out other forecasts below too!
AUDUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short AUDUSD
Entry Point - 0.6528
Stop Loss - 0.6564
Take Profit - 0.6465
Our Risk - 1%
Start protection of your profits from lower levels
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