AUDUSD 4hour Analysis November 21st, 2021
AUDUSD Neutral Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall bearish here on AU but it’s very likely that we will see some sort of reaction around 0.72000 support.
No real play here until we see price action play out.
Trade scenario 2: If we are to continue with the bearish trend look for lower highs below 0.72000.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall bearish here on AU but it’s very likely that we will see some sort of reaction around 0.72000 support.
No real play here until we see price action play out.
Trade scenario 2: If we are to continue with the bearish trend look for lower highs below 0.72000.