AUDUSD pending sell entry
AUDUSD has tested and broke above supply area but whether it will be failed attempt and price go back below is left to be seen. On daily chart there is shooting star in forming. Next week the only news from Australia are Consumer inflation expectation and Consumer confidence as well as home sales data. So it all will depend on dollar strength across the board and also theworldwide risk sentiment. I am looking to sell around 0.7165; stop loss and target profit on chart above
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.