AUDUSD Weekly Outlook
AUDUSD is still in a strong downtrend and after last Friday’s bearish candle at a weekly support/ resistance level we would expect a further move down.
However the price is very over extended and we are not comfortable selling at such extended prices as a major correction would easily happen at this stage.
However the price is very over extended and we are not comfortable selling at such extended prices as a major correction would easily happen at this stage.
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.
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.