ymorsy11
Long

AUDUSD 💡 Price approaching key levels !

FX:AUDUSD   Australian Dollar / U.S. Dollar
- AUDUSD 💡

Price approaching key levels . Currently looking for possible rejection to the downside of the 0.63850 level and then we may look for possible buys towards the 0.64750 zone . If price continues to push lower we may expect a retest of the 0.63850 level where we would look for sells . Could be followed by possible continuation towards the 0.6260 level .
Remember , this is just my analysis . Always refer back to your trading plan before taking my analysis into account ! ✍️

Comments

I think this pair moves with GBPUSD in parallel. And I think that current movement of GBPUSD is a temporary pullback that will be ended soon and pair will go down again. So I think same scenario will happen to AUDUSD!
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Currently , upside target has been hit . I would wait for price action to develop before making a bias . Thank you 👊
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Do you have more updates on this one? would you expect a reversal to the downside after hitting the upside target?
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ymorsy11 FlyToSky1
@FlyToSky1 Currently , upside target has been hit . I would wait for price action to develop before making a bias . Thank you 👊
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Good job!
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