AUD/USD now tests the 0.6560 level which restricted bullish price action between March and May this year, with 0.6480...
Our analysis typically adopts approach to crowd sentiment. The current net-long positioning suggests potential downward pressure on AUD/USD prices.
Therefore
Selling upon Rise is Advised with 0.63 and 0.62 Target
Trade closed manually
Though i have closed manually but still 0.6620 is sl....I am optimistic about fall but the problem which occurs was a spike which boosts buying Pressure......
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.
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.