AUDSUD| GOING FOR THE WIN?
Good morning Traders,
this pair is an interesting one, Price action is clearly pushing up but I seeing wicks at the tops of the candles indicated by the red arrows, this too me suggests the push up is not sustainable and we may likely see a reversal from a higher level.
alternatively we could have some very strong bullish candle closes over the next few hours therefore suggesting to me that we have good momentum to the upside and if we do i will be onlooking for a potential entry, given that price action confirms it.
let me know your thoughts.
this pair is an interesting one, Price action is clearly pushing up but I seeing wicks at the tops of the candles indicated by the red arrows, this too me suggests the push up is not sustainable and we may likely see a reversal from a higher level.
alternatively we could have some very strong bullish candle closes over the next few hours therefore suggesting to me that we have good momentum to the upside and if we do i will be onlooking for a potential entry, given that price action confirms it.
let me know your thoughts.
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