AudUsd had its bearish impulse towards the downside as expected. Considering AUD pairs have been rather bearish lately, while USD pairs have been rather bullish, this seems like a logical trade to sell off.
With this being said, I'll be waiting for price to break this H1/H4 support level that it's currently playing around. Just a simple break and retest of this level. We shall wait and see.
With this being said, I'll be waiting for price to break this H1/H4 support level that it's currently playing around. Just a simple break and retest of this level. We shall wait and see.
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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.