AUDUSD Trade Idea

22 בדצמ׳ 2020

As per previous day forecast, AU had a major pullback towards 0.7515 support zone, followed a strong bounce back to 0.7583. Yesterday AU daily candle closed as a strong bullish doji, when the daily candle closes so bullish and obvious, you must always be aware of the crowds. Personally, I do not expect a breakout of 0.7636 resistance today, and will be mainly focusing on the range bound setup between 0.7515 - 0.7583, unless there's a clear breakout of 0.7636 resistance.

Trade safe.

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