AUDUSD Short Term Swing Analysis: another sell in store?
Hello Trading Besties,
AUDUSD dropped amazingly last week creating a new lower low on the daily and weekly timeframe.
If you look closely on the 1 hour timeframe you can see it's fluctuations amazingly. If price can pullback and stay below 0.70460, this can be a great sell opportunity back down to the lower low.
Only look for buys if price pushes above 0.70460.
My suggestion is you add this pair to your watchlist only if you see the value in trading this pair.
AUDUSD dropped amazingly last week creating a new lower low on the daily and weekly timeframe.
If you look closely on the 1 hour timeframe you can see it's fluctuations amazingly. If price can pullback and stay below 0.70460, this can be a great sell opportunity back down to the lower low.
Only look for buys if price pushes above 0.70460.
My suggestion is you add this pair to your watchlist only if you see the value in trading this pair.