AUDUSD Short Idea
Price action is primarily bearish on all timeframes (listed on the chart)
Last week we saw a major support zone break after large bearish volume pushed price action lower.
This week we are looking for a retest along with other significant confluences like key fib levels, ma’s and candlestick confirmations.
Look to target toward the negative percent fib levels and potentially long term toward our weekly support around 0.64000
Price action is primarily bearish on all timeframes (listed on the chart)
Last week we saw a major support zone break after large bearish volume pushed price action lower.
This week we are looking for a retest along with other significant confluences like key fib levels, ma’s and candlestick confirmations.
Look to target toward the negative percent fib levels and potentially long term toward our weekly support around 0.64000