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Short $AUDUSD against .7155
Hello Sophisticated Trader,
In my last analysis, I recommend a buy only on a sustained break of .7200 because the chart started to turn up. The rejection of .7200 holding as resistance with an immediate drop shows that .7200 is a strong long term resistance. The recovery stalled at .7155, which indicates another leg down to .7000 initially then potentially .6700 on a weekly.
If you like my analysis, like, comment and subscribe.
Dr. Lydia Smith
In my last analysis, I recommend a buy only on a sustained break of .7200 because the chart started to turn up. The rejection of .7200 holding as resistance with an immediate drop shows that .7200 is a strong long term resistance. The recovery stalled at .7155, which indicates another leg down to .7000 initially then potentially .6700 on a weekly.
If you like my analysis, like, comment and subscribe.
Dr. Lydia Smith
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