tgdmanagement

AUDUSD BEARS MAY TEST 0.68

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
In the near term AUDUSD's downside could visit the 0.68 region in the next weeks.

AUD bulls are slowly stepping into the market. The weekly chart looks very bearish and price is looking likely to visit the 0.68 weekly structure.

The 0.68 seems to protect the downside but some follow through selling will convince the bears and may push price below.

This is an article, not financial advice , always do your own research.

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