AUDUSD 30min Analysis January 15th, 2021
Trade Scenario 1: Bearish - For us to go short we want to see price push past our structure zone of .7730. We will then wait for a retrace and for .7730 to flip as resistance. Enter on strong bearish setups
Trade Scenario 2: Bullish - For us to go long we want to see price rebound off our zone and back above the 30min 200MA. We will then wait for a quick retest and enter on strong bullish setups. First targeting our key weekly at .77640
Trade Scenario 2: Bullish - For us to go long we want to see price rebound off our zone and back above the 30min 200MA. We will then wait for a quick retest and enter on strong bullish setups. First targeting our key weekly at .77640