AUD/USD trading plan for next week
I think currency rate will move up to key sell level 0,72032 because price bounced up from 0,7793 so many times on Daily chart.
Technically it's a signal that Market makers hold the price and want to move it up, after that we should open Short.
The best place to open a Middle — term SELL is near 0,72032, goal 0,6975 reasons:
— The long-term trend is bearish. Price is still in a downward channel. Better to look to open entry to continue that down move.
— 0,72032 is key level on Weekly chart.
— Risk/Reward ratio will be 1 to 5 or more.
Push like and Subscribe if you like my analysis.
Technically it's a signal that Market makers hold the price and want to move it up, after that we should open Short.
The best place to open a Middle — term SELL is near 0,72032, goal 0,6975 reasons:
— The long-term trend is bearish. Price is still in a downward channel. Better to look to open entry to continue that down move.
— 0,72032 is key level on Weekly chart.
— Risk/Reward ratio will be 1 to 5 or more.
Push like and Subscribe if you like my analysis.
Comentarios:
Price bounced up fro, 0,70993 next goal is key sell level 0,72032
Comentarios:
Comentarios:
The situation is changing.
If D1 close under 0,7089 it will be a signal to next down move
If D1 close under 0,7089 it will be a signal to next down move
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