AUDUSD is the only forex pair thats stubborn to retrace unlike any other USD related pairs, but this time around might be different as I am strongly believed the price has reached a VERY STRONG resistance level. Bearish momentum is likely to happen however it depends on the movement of US Dollar Index as it is hampered by the imminent recession in the US economy.
Trading Plan as follows:
i) SHORT with the take profit 1 at 0.66865 and take profit 2 at 0.64087
ii) LONG if the price breaks 0.70291 with the take profit point at 0.71619
Author:
S.I.D. Aizu
Trading Plan as follows:
i) SHORT with the take profit 1 at 0.66865 and take profit 2 at 0.64087
ii) LONG if the price breaks 0.70291 with the take profit point at 0.71619
Author:
S.I.D. Aizu
