AUD/USD Sell-Off Continues! More Pain Ahead?
The AUD/USD pair is showing clear signs of bearish continuation as price respects a higher timeframe Fair Value Gap (FVG), rejecting attempts to push higher. Additionally, high-impact news against the Australian Dollar has accelerated downside momentum, reinforcing the bearish bias.
Key Observations:
✅ HTF FVG Respect – Price reacted strongly to the daily FVG, showing a rejection pattern.
✅ Bearish Momentum – Fundamentals align with technicals, pushing AUD lower.
✅ Sell-Side Liquidity Target – Eyes on 0.61305 as a major liquidity grab zone.
Trade Outlook:
Expect further downside movement, but watch for potential retracements into the FVG before continuation lower. If price remains below 0.62703, the probability of a deeper sell-off increases.
DYOR and manage risk accordingly! 📉🔥
Key Observations:
✅ HTF FVG Respect – Price reacted strongly to the daily FVG, showing a rejection pattern.
✅ Bearish Momentum – Fundamentals align with technicals, pushing AUD lower.
✅ Sell-Side Liquidity Target – Eyes on 0.61305 as a major liquidity grab zone.
Trade Outlook:
Expect further downside movement, but watch for potential retracements into the FVG before continuation lower. If price remains below 0.62703, the probability of a deeper sell-off increases.
DYOR and manage risk accordingly! 📉🔥
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