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AUDUSD 4hour Analysis September 12th, 2021

FX:AUDUSD   澳元/美元
AUDUSD Neutral Idea

Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish

Trade scenario 1: AUDUSD is back to bearish as we have broken lower into the range and formed a lower high. It’s likely price action will continue to range but if price action follows the overall trend we should see a strong continuation.

For us to enter we ideally need to see a lower high below the range.

Trade scenario 2: If we’re to consider AU bullish again we need to see a higher low above the range/ 0.74000 area.

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