AUDUSD: Strong bears
Hello Traders;
Here's my analysis for what I hope to see happen in coming weeks, AUDUSD signaling more bearish move.
Trade already open, we hope to take first wave of profit at the first resistance level. If we get a retest and area doesn't break to the top, we hope to take another short position when we see price begin to drop below the retest area. We hope to look for only short positions as AUDUSD has been overall bearish.
Here's my analysis for what I hope to see happen in coming weeks, AUDUSD signaling more bearish move.
Trade already open, we hope to take first wave of profit at the first resistance level. If we get a retest and area doesn't break to the top, we hope to take another short position when we see price begin to drop below the retest area. We hope to look for only short positions as AUDUSD has been overall bearish.
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