AUDUSD Sell Idea
In a nutshell, the overall Trend is still bearish and with the upcoming RBA statement in the coming few days.
Fundamentally, I believe the USD will remain stronger than the AUD and it would take a big change on both economies to completely reverse the bearish trend. However, beware of the volatility that may come with NFP and the RBA rate announcements.
Sell idea on :
Fundamentally, I believe the USD will remain stronger than the AUD and it would take a big change on both economies to completely reverse the bearish trend. However, beware of the volatility that may come with NFP and the RBA rate announcements.
Sell idea on :
- Retest of Level 0.73000
- Bearish Structure & Candlestick Pattern
- Retest of short-term bearish trend line
- Break and retest of counter-trendline
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.