AUD/USD - Incoming Bears
I've given out some analysis on the AUD before, explaining how the AUD is really strong and the banks are very happy at where it's currently stationed with supply & demand zones all across the price levels 0.70-0.80 within AUD/USD - Right now AUD/USD is at a significant event area, it seems to be following the drop and reverse ratio perfectly.
The price is currently at a significant event area which is also located within the willis zone, that's two confluences, we've also got a price action on the 4-hourly, a huge pin bar rejection.
3 Confluences - Following The Trend - Erase the emotions and take it short with risk managed.
The price is currently at a significant event area which is also located within the willis zone, that's two confluences, we've also got a price action on the 4-hourly, a huge pin bar rejection.
3 Confluences - Following The Trend - Erase the emotions and take it short with risk managed.
Note
Update - I noticed a slight typo in the description, the AUD is weak for now, but I still suspect bulls to kick in @ the 0.70-0.72 levels
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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.