AUDUSD Short Idea
After a large bearish push toward our 0.67000 zone we have seen price action consolidate around this region.
From this point we need to see either a significant break lower than 0.67000 or a strong bounce from this area sending price action back up.
I’m favoring a short opportunity on this setup and will ideally look for a significant break and retest followed by many bearish confirmations.
After a large bearish push toward our 0.67000 zone we have seen price action consolidate around this region.
From this point we need to see either a significant break lower than 0.67000 or a strong bounce from this area sending price action back up.
I’m favoring a short opportunity on this setup and will ideally look for a significant break and retest followed by many bearish confirmations.
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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.