AUDUSD > Is the Uptrend Over, Are We Moving Down from Here!?
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Analysis of #AUDUSD
Hello friends.
So if you have seen my previous posts on EURUSD and GBPUSD, i expected a somewhat weak dollar, well, this setup here might say different things, and here is why!
The market broke its trendline support and making a retest to its resistance trendline which before it was a support trendline, also guys it is a resistance level.
it is premature to think of selling the Ausie, it might sure go down, but it will be support near 0.7700, but id the market closes below 0.7564 i will sure be tempting for a sell trade
Do not forget the FED next week and do not over risk, there always the next trade to come. Live to fight another day
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
Analysis of #AUDUSD
Hello friends.
So if you have seen my previous posts on EURUSD and GBPUSD, i expected a somewhat weak dollar, well, this setup here might say different things, and here is why!
The market broke its trendline support and making a retest to its resistance trendline which before it was a support trendline, also guys it is a resistance level.
it is premature to think of selling the Ausie, it might sure go down, but it will be support near 0.7700, but id the market closes below 0.7564 i will sure be tempting for a sell trade
Do not forget the FED next week and do not over risk, there always the next trade to come. Live to fight another day
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
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