AUDUSD 4hour Analysis September 18th, 2022
AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking overall bearish here on AU but we are right at our 0.67000 zone and need to wait for a break or bounce.
If we are to continue with the bearish trend we’re looking for a break below 0.67000 with a lower high below.
Trade scenario 2: If we see a bullish bounce off 0.67000 look for price action to push higher into 0.68500.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking overall bearish here on AU but we are right at our 0.67000 zone and need to wait for a break or bounce.
If we are to continue with the bearish trend we’re looking for a break below 0.67000 with a lower high below.
Trade scenario 2: If we see a bullish bounce off 0.67000 look for price action to push higher into 0.68500.
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