AUDUSD – Follow the right flow idea
Trend: Sell/ Neutral
Support/Resistance:
R3: 0.68246
R2: 0.66717
R1: 0.65818
S1: 0.64330
S2: 0.62864
Price action:
At current flow, market is in bearihs flow. But because buyers bounced from 0.64330 new support level very strong, then we can expect short correction for now to 0.65818 resistance level. From overall perspective, flow will continue after breaking weekly lower low at 0.64330 to 0.62864.
Potencial trade idea:
Bulls targets:
T1: 0.65818
Bears targets:
T1: 0.62864
NOTE – We are trading AUDUSD via the preferred trading setups
Trend: Sell/ Neutral
Support/Resistance:
R3: 0.68246
R2: 0.66717
R1: 0.65818
S1: 0.64330
S2: 0.62864
Price action:
At current flow, market is in bearihs flow. But because buyers bounced from 0.64330 new support level very strong, then we can expect short correction for now to 0.65818 resistance level. From overall perspective, flow will continue after breaking weekly lower low at 0.64330 to 0.62864.
Potencial trade idea:
Bulls targets:
T1: 0.65818
Bears targets:
T1: 0.62864
NOTE – We are trading AUDUSD via the preferred trading setups