FX_Trader_Analyst

AUDUSD might be attractive for bears

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hi everyone!

I would really appreciate any comments or thoughts on this analysis, what are you missing here, if there is anything unclear. Your time is greatly appreciated! Thank you.

Bullish movement has stopped at the cluster of Resistance zone - Pivot Points and 382 Fibonacchi retracement. This might be a place where profit is taken or bears will be selling and pushing price down.

Entry at current price - Stop Loss 30 pips away - Target 60 pips

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.