YourLazyTrader

Is it time to sell AUD/USD now? Check analysis

Short
FX:AUDUSD   Dollaro australiano / Dollaro
Dear traders, in the AUD/USD daily chart, we can see the formation of
a bearish candlestick. The bearish candle has formed at the 100 day EMA
level which is quite significant.

This level, indicated by a circular zone in my chart could act as a resistance.
So, if this zone acts as a resistance and price action continues to be bearish,
traders can consider selling AUDUSD@0.6680-0.6710 with SL above the resistance
and TP at 0.65.

𝙁𝙧𝙚𝙚 𝙎𝙞𝙜𝙣𝙖𝙡𝙨 t.me/yltrader

𝘾𝙤𝙥𝙮 𝙏𝙧𝙖𝙙𝙞𝙣𝙜 𝙎𝙚𝙧𝙫𝙞𝙘𝙚 : t.me/Avylt001

𝙈𝙮 𝙩𝙧𝙖𝙘𝙠 𝙧𝙚𝙘𝙤𝙧𝙙 : shorturl.at/qstG8
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