THIS WEEK ANALYSIS- AUDUSD
WE HAVE ESTABLISHED A SMALL SHORT POSITION IN THIS PAIR FROM LAST WEEK.
FROM THE 30MINS STRUCTURE 0.8062. THE PAIR HAS BEEN GRINDING LOWER GRADUALLY AND WE EXPECT MORE DOWNSIDE.
THE STRUCTURE (0.7936) IS WHAT WE WANT TO LOOK AT.
BELOW HERE WE REMAIN SHORT, ANY TRADE ABOVE HERE WE WILL CLOSE OUR SHORT AND LOOK FOR BUYING OPPORTUNITY.
* SHORT BELOW 0.7936
* STOP JUST ABOVE 0.7936
* TARGET 1= 0.7802 T2= 0.7625
FROM THE 30MINS STRUCTURE 0.8062. THE PAIR HAS BEEN GRINDING LOWER GRADUALLY AND WE EXPECT MORE DOWNSIDE.
THE STRUCTURE (0.7936) IS WHAT WE WANT TO LOOK AT.
BELOW HERE WE REMAIN SHORT, ANY TRADE ABOVE HERE WE WILL CLOSE OUR SHORT AND LOOK FOR BUYING OPPORTUNITY.
* SHORT BELOW 0.7936
* STOP JUST ABOVE 0.7936
* TARGET 1= 0.7802 T2= 0.7625
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