AUD/USD - Incoming Bears

23 พ.ย. 2017

I've given out some analysis on the AUD before, explaining how the AUD is really strong and the banks are very happy at where it's currently stationed with supply & demand zones all across the price levels 0.70-0.80 within AUD/USD - Right now AUD/USD is at a significant event area, it seems to be following the drop and reverse ratio perfectly.

The price is currently at a significant event area which is also located within the willis zone, that's two confluences, we've also got a price action on the 4-hourly, a huge pin bar rejection.

3 Confluences - Following The Trend - Erase the emotions and take it short with risk managed.

23 พ.ย. 2017

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Update - I noticed a slight typo in the description, the AUD is weak for now, but I still suspect bulls to kick in @ the 0.70-0.72 levels