Live Trading and Analysis AUDUSD
The AUDUSD has traded below the Daily Structure of 0.7340 after several intraday attempts to stay above this price point.
Another factor that will contribute to this bias is a break below 1DL of 0.7332.
We look to target the next structural point of 0.7289, the strong line 110% of the Fibonacci extension.
Alternatively, a break back above the 0.7348 will invalidate the short setup.
Another factor that will contribute to this bias is a break below 1DL of 0.7332.
We look to target the next structural point of 0.7289, the strong line 110% of the Fibonacci extension.
Alternatively, a break back above the 0.7348 will invalidate the short setup.