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AUDUSD > The Perfect Place to Sell, and Why?

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OANDA:AUDUSD   豪ドル/米ドル
Analysis of #AUDUSD

with the stock market rallying here and the risk-on sentiment prevailing that helped push the aussi higher.

I have a bias that the stock market is setting up for a more downside and have been selling the index for a while so how i will sell this pair

I am expecting the pair to come to retract back to its previous support which now turned to resistance, that's why I will be watching price action inside this zone to see if it could provide me a reason to short

Check today analysis below⠀

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-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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