AUDUSD BEARISH FORECAST

31 Okt 2023

Lovely market structure on AUDUSD, the pair reached a very interesting area of liquidity, from where we can expect a drop as it showed us some decent rejection signs. I've applied my swing trade strategy on this pair which respects perfectly all my requirements. This opportunity has a potential of 1:6 R:R and our main target area is at 0.62800 price zone.

Let's see how it goes!