Potentially looking at AUDUSD for further upside, however the pivot level is acting as good resistance. We may reject from the level to gain some distance before a momentum fuelled move to the upside.
Tricky pair to judge but it has been in a sustained downtrend since April 5th.
Watch to see if we get a clear break through the pivot high or decrement back down, the details of the price action will be key in determining the outcome of a successful trade here.
- Update -
Yesterday's Gold trade worked out nicely and is looking to continue its upside. See linked idea.
Tricky pair to judge but it has been in a sustained downtrend since April 5th.
Watch to see if we get a clear break through the pivot high or decrement back down, the details of the price action will be key in determining the outcome of a successful trade here.
- Update -
Yesterday's Gold trade worked out nicely and is looking to continue its upside. See linked idea.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.