Viktor_strifor_analyst

⚡️Strifor || AUDUSD-19/01/2024

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Preferred direction: SELL
Comment: Previously, we considered a potential trade for this pair in terms of growth within the medium-term movement. This idea is relevant, but an update of local minima is expected in the near future. That is, a fall below 0.65200 is expected.

Before the expected medium-term growth, the price will most likely touch the level of 0.65010. At this level of support, one can expect various kinds of manipulation, after which the same medium-term growth will most likely follow.

The short-term decline discussed in this trading idea will most likely begin in the very near future (1-2 trading days).



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