FlyDownX

AUD/USD - BUYING POTENTIAL (MONEY REST ON BOTH SIDES)

OANDA:AUDUSD   Dollar Australien/Dollar Américain
Technical Overview: - AUD/USD
Check out our previous posted analysis
Last week we anticipated a big move coming to the downside to potentially give us the opportunity to take shots on long positions.
We had also marked out the sell zones where we could expect sell pressure to come in bringing us down, more specific taking out the liquidity resting above marked level.

Currently price is on a bullish zone so the chances of seeing buying pressure now is not a surprise however we are not looking for buy opportunities in this zone because of liquidity resting below.


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Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
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