Hi Traders!
AUDUSD has tested the 6-month high but has failed, and there is a potentially big pullback that is about to occur.
Here are the details:
After the range zone breaks to the upside, The market was in an aggressive bull rally to tray and test the 6-month high but has exhausted due to a strong bearish presence at the 6-month high.
The next signal to confirm this will be a price break below the 20 EMA for a confirmation signal.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
AUDUSD has tested the 6-month high but has failed, and there is a potentially big pullback that is about to occur.
Here are the details:
After the range zone breaks to the upside, The market was in an aggressive bull rally to tray and test the 6-month high but has exhausted due to a strong bearish presence at the 6-month high.
The next signal to confirm this will be a price break below the 20 EMA for a confirmation signal.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
