Analysis on #AUDUSD
The market here is trying to hold above 0.7200 but it is facing resistance near 0.7217and has not been able to break and close above it, however, i will not put much faith in today's movement as the market is trading on thin liquidity.
Plan:
>> Waiting for the market to drop to my bullish support zone then drop one-time frame look for a confirmation to get in a buy trade that meets my rules for entry at zone one.
>> If the market did not move as predicted then I will update my analysis, as this idea is not valid anymore.
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Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
The market here is trying to hold above 0.7200 but it is facing resistance near 0.7217and has not been able to break and close above it, however, i will not put much faith in today's movement as the market is trading on thin liquidity.
Plan:
>> Waiting for the market to drop to my bullish support zone then drop one-time frame look for a confirmation to get in a buy trade that meets my rules for entry at zone one.
>> If the market did not move as predicted then I will update my analysis, as this idea is not valid anymore.
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
