AUDUSD Trade Idea
In yesterday's analysis, I expected AU to have an upwards breakout of the falling wedge pattern, which was exactly what the market performed. In today's trading session, I will remain neutral bias. Two scenarios that I'm looking at
1. If price breaks above the 0.7724 minor resistance zone, that provides a potential retracement entries with 0.7820 minor resistance zone as the initial target (Bullish)
2. If there's any sudden bearish momentum stepping into the market, that could send AU back towards 0.7634 support zone (5th - 9th March low)
The higher timeframe picture remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
1. If price breaks above the 0.7724 minor resistance zone, that provides a potential retracement entries with 0.7820 minor resistance zone as the initial target (Bullish)
2. If there's any sudden bearish momentum stepping into the market, that could send AU back towards 0.7634 support zone (5th - 9th March low)
The higher timeframe picture remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。