AUDUSD 4hour Analysis October 23rd, 2022
AUDUSD Neutral Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: AU saw some bullish movement at the end of last week and price action is now resting near our 0.64000 resistance level.
Price action did break a significant level and pattern but i’m not convinced we are bullish yet. Ideally we can spot structure above 0.64000 to get behind a bullish 4hour outlook.
Trade scenario 2: For us to consider AU bearish again we would need to see a lower high below 0.63250. That would be the most comfortable scenario.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: AU saw some bullish movement at the end of last week and price action is now resting near our 0.64000 resistance level.
Price action did break a significant level and pattern but i’m not convinced we are bullish yet. Ideally we can spot structure above 0.64000 to get behind a bullish 4hour outlook.
Trade scenario 2: For us to consider AU bearish again we would need to see a lower high below 0.63250. That would be the most comfortable scenario.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.