I expect AUDUSD to continue weakening next week.
My area of interest(PRZ) is around 0.74 - 0.7420 where it will complete the bullish shark pattern.
Before hitting the 0.74 zone, I might short on any good looking upthrust and ride it all the way to the PRZ.
This are my tentative levels. I will watch for reaction before entry. No pending orders will be used.
EP: 0.7420
SL: 0.7280 (140)
TP: 0.80 (580)
My area of interest(PRZ) is around 0.74 - 0.7420 where it will complete the bullish shark pattern.
Before hitting the 0.74 zone, I might short on any good looking upthrust and ride it all the way to the PRZ.
This are my tentative levels. I will watch for reaction before entry. No pending orders will be used.
EP: 0.7420
SL: 0.7280 (140)
TP: 0.80 (580)