ForexaSolutionsAcademy

AUDUSD MULTI-TIME FRAME ANALYSLS

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Hello Traders

Here is my view on AUDUSD.

WEEKLY TIME-FRAME
Description: Price closed with a strong bullish candle. This shows buying presence as buyers actually stepped into the market at this level
causing bullish momentum.
Bias: Bullish

DAILY TIME-FRAME
Description: On daily we can see we on a dominant uptrend as price is making higher high after breaking the resistance
turned support.
Bias: Bullish

Trade Plan: We like to trade combos. Market should be telling us the same thing from higher time frame. We expecting a pullback as price hit our 2nd target of
Fibonacci Levels. We will be monitoring how price unfold when market open then we will react to what market reveal.
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