AUDUSD > Trading Plan!!

2 thg 6, 2020

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Analysis of #AUDUSD

This pair continue to rise even that its expected AUD to show the end of a 28-year period of economic expansion, also the economy shown the biggest ocntraction since 1929, not to mention also the tension between USA and China.

now we have RSI above 70 for the first time since December-2019 and soon the piar could reach 0.7000, a potentialresistance zone.

We could look to sell if provided us an entry reason, in the mean time the pair is very strong, and if on lowr time frame provide trend contuation entry we will take it


⚠ Please note the ideas is valid only if it happened as I said above

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Check today analysis below

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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**