Audusdforecast
AUDUSD (Asian Session)Daily and 4h are bearish. 15m currently Bullish, however price is running into 4h Supply. If I see a strong reaction to 4h Supply and the 15m switches bearish I will look to take shorts. Important - RBA announcement later today, so wont be taking any trades 1h before or after the news.
Audusd potential HEAD & SHOULDERSIf this inverse head and Shoulders occurs, I will be going long at the retest shown in chart for a quick 1:5RR, pay attention to Tp1, though....
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DeGRAM | AUDUSD trend continuation AUDUSD made a lower low, indicating a bearish trend.
Price action is pulling back to the resistance level.
It is going to be a simple structure-based trade.
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AUDUSD: Gains will be capped!AUDUSD
Intraday - We look to Sell at 0.6880 (stop at 0.6925)
Buying pressure from 0.6764 resulted in prices rejecting the dip. The current move higher is expected to stall at trend line resistance. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies.
Our profit targets will be 0.6750 and 0.6540
Resistance: 0.6970 / 0.7130 / 0.7315
Support: 0.6780 / 0.6540 / 0.6000
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AUDUSD and NZDUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.