AUD/USD Bearish Sentiment
Hello Traders!
Overall when looking at the weekly chart we are in a downtrend.
There was a retracement, however a failure to break resistance.
After two failures to break resistance, we have a lower high.
Watch out for trendline break on the lower end.
I expect a sell opportunity approaching.
Entry: 0.64688
S/L: 0.64940
TP1: 0.64320
TP2: 0.63808 (In case support is broken)
*I am not a finacial advisor and you must take responsibility for any trades you enter.
Overall when looking at the weekly chart we are in a downtrend.
There was a retracement, however a failure to break resistance.
After two failures to break resistance, we have a lower high.
Watch out for trendline break on the lower end.
I expect a sell opportunity approaching.
Entry: 0.64688
S/L: 0.64940
TP1: 0.64320
TP2: 0.63808 (In case support is broken)
*I am not a finacial advisor and you must take responsibility for any trades you enter.
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