AUD/USD- possible short (sell ) opportunity may become available if the market continues to rise towards the upper Resistance level. An initial rejection from this resistance level, confirms the trend line, entering a short position on the retest of this resistance level, will offer a very favorable risk/reward ratio.
Disclaimer. Further technical and Fundamental analysis should be considered before entering a trade like this. If interested in joining our free telegram channel, please visit out Instagram at blackbaytrading_charts, and click the link in the bio.
Disclaimer. Further technical and Fundamental analysis should be considered before entering a trade like this. If interested in joining our free telegram channel, please visit out Instagram at blackbaytrading_charts, and click the link in the bio.