What's new

Identifying a Promising Trading Opportunity on AUD_USD - Let's Go Short!

skrimon

Active Member
Identifying a Promising Trading Opportunity on AUD_USD.png
Hey fellow traders!

I wanted to share an exciting trading opportunity that has caught my attention: AUD_USD. As I analyzed the charts, I noticed that the pair is approaching a strong resistance level at 0.6800, signaling a potential bearish pullback on the horizon.

Over the past few days, AUD_USD has been trading in a local uptrend, which increases the likelihood of a corrective move downwards. By going short, we can target a local support level around 0.6720.

Remember to hit the like button and leave a comment if you find this idea helpful or if you have any other insights to share. Let's support each other and never miss out on new trading ideas!

Wishing you all profitable trades!
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 3, Members: 0, Guests: 3)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks