Hi traders,
We have found some bearishness in the AUDUSD from a bunch of factors for example, the Australian bush fires and risk off from the prospect of war.
This is a sell only asset, any pullbacks and tests of lows is a sell signal. The stochastic is showing heavy bearishness.
Watch out for the key resistance/support levels, as this is where we are likely to find congestion.
Kind regards,
Aardall
We have found some bearishness in the AUDUSD from a bunch of factors for example, the Australian bush fires and risk off from the prospect of war.
This is a sell only asset, any pullbacks and tests of lows is a sell signal. The stochastic is showing heavy bearishness.
Watch out for the key resistance/support levels, as this is where we are likely to find congestion.
Kind regards,
Aardall