Short-term Sell (Retracement) on AUDUSD
-Price appears to be respecting a resistance zone .
-I am expecting price to possibly form a double top in preparation for a short-term sell, which will serve as a retracement to the 50.0-
61.8 fib level, ultimately creating a higher low before continuing it's bullish push.
-Also, if you take a look at the DXY chart, I believe it is ready to make a short-term bullish push before continuing to sell off.
Please, like, follow or comment your opinion !
-I am expecting price to possibly form a double top in preparation for a short-term sell, which will serve as a retracement to the 50.0-
61.8 fib level, ultimately creating a higher low before continuing it's bullish push.
-Also, if you take a look at the DXY chart, I believe it is ready to make a short-term bullish push before continuing to sell off.
Please, like, follow or comment your opinion !
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.