top of page

AudUsd Break or Bounce?

Weekly Time Frame:

Daily Time Frame:


AudUsd: Current Price .69120 if we maintain below .69250 key psychological zone we can see short pullbacks to .68500.

Monthly time frame closed off a strong engulfing/ morning star formation. With a strong weekly engulfing if we break .69250 we can potentially see .70500 key psychological.

Potential targets are marked we just need to hold off on a clear direction. Would like to see how this daily closure ends! Risk management is key (trade safe).


22 views0 comments

Recent Posts

See All


bottom of page