AUDUSD Daily Analysis
W - Neutral, pinbar at the 200 ema which also lines up with the last high
D - Bearish, LL's and LH's .74 is the key area that we could see price reject off of.
DXY - Neutral, price is at the neckline of a DB and is approaching with little momentum while in an ascending wedge pattern
Swing entries -
price got close to the .74 are and looks like it is starting to consolidate below the level, no entries during consolidation periods, I will wait until the zone is broken
Scalping entries -
no entries during a consolidation period
D - Bearish, LL's and LH's .74 is the key area that we could see price reject off of.
DXY - Neutral, price is at the neckline of a DB and is approaching with little momentum while in an ascending wedge pattern
Swing entries -
price got close to the .74 are and looks like it is starting to consolidate below the level, no entries during consolidation periods, I will wait until the zone is broken
Scalping entries -
no entries during a consolidation period
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