Short

AUDUSD More Bearish Development, Watch For Sell Opportunities

Updated

Hi everyone:

Here on AUDUSD, there could be some good bearish price action that can develop to give us some selling opportunities soon.

We can see the overall price has been rather bearish, with impulse phases follow by correction phases.

The latest development shows us a potential continuation correction after the latest impulse move,
so be a good idea to pay attention to the development this week.

Whether we can get a smaller, lower time frame continuation correction to give us the confirmation to sell,
or
another corrective move up to the top of the correction and still look for bearish price action to sell from the top.

thank you

DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.

Note

HTF:

Note

With the tension between Russia and Ukraine could ease off and slow down, this could affect the bearish vias and view on the safe haven USD. Will be extra careful and patient to observe more development before consider entries. If no bearish action form, no then trade and move on to other opportunties.

Note

Price move up correctively, still look for bearish opportunities.

Note

jojofang0901

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