Double Your Chances: How to Profit from Both Buying and Selling

Double Your Chances: How to Profit from Both Buying and Selling Opportunities on the AUDUSD

For traders seeking a buying opportunity on the AUDUSD, keep a close eye on the 0.6686 level for a potential entry point. While waiting for a retest after a market break and close above 0.6709 may provide added comfort, don't hesitate to take advantage of the opportunity at hand.

Alternatively, those looking to short the AUDUSD should keep an eye on the 0.6703 level for a potential entry. However, be warned that a market close above 0.6709 could signal a shift in the market and may not be the best opportunity for shorting.

By considering both potential outcomes, traders can position themselves for success and maximize their chances of profit on the AUDUSD.