AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking bearish on AU overall and we are a few confirmations away from a great short scenario.
Currently we’re looking for price action to present a lower high followed by strong bearish setups to enter on just below 0.73800.
Trade scenario 2: For us to consider AU bullish we would need to first see a break of resistance at 0.74000 with a higher low above.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking bearish on AU overall and we are a few confirmations away from a great short scenario.
Currently we’re looking for price action to present a lower high followed by strong bearish setups to enter on just below 0.73800.
Trade scenario 2: For us to consider AU bullish we would need to first see a break of resistance at 0.74000 with a higher low above.
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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.