Similar to other USD pairs, AUD/USD experienced a drop on Friday, breaking below a head and shoulders pattern. This breakdown signals a strong potential for further downside. As long as the 0.67 resistance level holds, my strategy is to sell into rallies.
The 0.6575 zone serves as a key target for bearish traders.
The 0.6575 zone serves as a key target for bearish traders.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.