Hello Traders, Hope you are well. Today I will talk about AUDUSD pair.
This pair creates an interesting candlestick pattern in daily chart. A sharp rejection from 0.7820 resistance zone. We can further price weakness of this pair. If price hold 0.7820 resistance we can see the price near 0.7560 support area. And if price break 0.7560 support then next destination will be 0.7310 support area.
Tell me what you think about this pair. Are you short or long on this pair? Or sitting on your hand. Share your opinion.
Thanks...!
This pair creates an interesting candlestick pattern in daily chart. A sharp rejection from 0.7820 resistance zone. We can further price weakness of this pair. If price hold 0.7820 resistance we can see the price near 0.7560 support area. And if price break 0.7560 support then next destination will be 0.7310 support area.
Tell me what you think about this pair. Are you short or long on this pair? Or sitting on your hand. Share your opinion.
Thanks...!