Dollar Australia / Dollar ASPenjualan
AUDUSD moving higher before moving lower
**Monthly Chart**
Last month closed as a manipulation candle suggesting a continued bearish movement. The next target is around the 0.62700 level. Any short-covering rallies will be a selling opportunity in lower time frames.
**Weekly Chart**
The directional Bias on the weekly timeframe is bearish, the pricing is making higher lows and lower lows as it moves lower. The selling opportunities are more than buying. Therefore, I am still looking to short AUDUSD until it reaches 0.63000 level.
**Daily Chart**
Last week AUDUSD dropped lower during CPI news event on 13th Feb and then moved within a range of the liquidity candle (Balancing). There is an imbalance price action candle above the range at around 0.66000 which I am expecting the price to be tested before moving lower. Therefore, we should carefully select our entries. Good buying opportunities liaise around 0.63000 levels.
Last month closed as a manipulation candle suggesting a continued bearish movement. The next target is around the 0.62700 level. Any short-covering rallies will be a selling opportunity in lower time frames.
**Weekly Chart**
The directional Bias on the weekly timeframe is bearish, the pricing is making higher lows and lower lows as it moves lower. The selling opportunities are more than buying. Therefore, I am still looking to short AUDUSD until it reaches 0.63000 level.
**Daily Chart**
Last week AUDUSD dropped lower during CPI news event on 13th Feb and then moved within a range of the liquidity candle (Balancing). There is an imbalance price action candle above the range at around 0.66000 which I am expecting the price to be tested before moving lower. Therefore, we should carefully select our entries. Good buying opportunities liaise around 0.63000 levels.
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Join our PropSignals Channels on Telegram
t.me/PropsignalAE
t.me/PropsignalAE
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.