Dollar Australien/Dollar AméricainMis à jour AUDUSD Trade Idea
In yesterday's analysis, I discussed about the long opportunity if price rejects off 0.7740 key support zone for further bullish continuation with 0.7820 zone as target, which was exactly what the market performed. I noticed that AU is currently forming a steep trendline (parabolic movement), which is usually an alert for us to be extra cautious as the crowd is chasing it. Personally, will be looking for short-term selling opportunities after a third rejection at 0.7820 zone back towards 0.7740 support zone due to its current overbought condition. However, if price breaks above yesterday's high, will be looking for short-term long opportunities with a break & re-test setup.
Trade safe.
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Trade safe.
Do follow my profile for daily fx forecast & educational content.
Check out my new post on 'Why should you avoid news scalping' in my profile if you're interested.
Note
Previous analysis
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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.