Goodland_UK

AUDUSD- Bearish trend has started

Short
Goodland_UK Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hello,

I have entered short on the AUD/USD with two trigger entry points.

AUS have been struggling majorly with the Delta virus spreading across the country. Now they're stuck in a pandemic with only a very small percentage of the country which has received both jabs.

On the other hand the DXY has been recovering well as of late.

After last Fridays movement south in AUD/USD its pulled back to previous support, new resistance and looks to carry on trend.

Good luck if you join.
Trade active:
Trade OPEN- AUD/USD is still moving sideways at the moment while struggling to gain any sort of momentum. No signs of closing out early. Will watch and see how this week plays out before making any decisions.

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.