AUDUSD - Key Technical Level Broken - Bears Away
Greetings Fellow Traders,
I'll keep this SHORT (pun intended) and sweet. AUDUSD has provided us with a great selling opportunity if we are patient enough to wait for the proper entry. Lower time frame resistance was illustrated at .7059 so I will look to sell AUDUSD at .7050 on a retest of the daily trend line shown.
This trade should be realized within the next 24 hours.
Here's a closer look at how the entry levels were determined:
Feel free to follow/comment/like or join me on Telegram
I'll keep this SHORT (pun intended) and sweet. AUDUSD has provided us with a great selling opportunity if we are patient enough to wait for the proper entry. Lower time frame resistance was illustrated at .7059 so I will look to sell AUDUSD at .7050 on a retest of the daily trend line shown.
This trade should be realized within the next 24 hours.
Here's a closer look at how the entry levels were determined:
Feel free to follow/comment/like or join me on Telegram
Comment:
Same with AU - Bears til end of week likely - retest happened
