AUD/USD looks strong to go down.
Hello traders & Happy Thursday! :))
The AUD/USD looks good and it's trending towards the downside on multiple time frames. We are seeing a bearish engulfing candle formation on H4. On a weekly TM, the price crossed both moving averages, indicating bearish power in the market, and a new low was formed on a 1-hour chart. has been sold off by the hedge funds, so the overall setup looks very bearish.
The AUD/USD looks good and it's trending towards the downside on multiple time frames. We are seeing a bearish engulfing candle formation on H4. On a weekly TM, the price crossed both moving averages, indicating bearish power in the market, and a new low was formed on a 1-hour chart. has been sold off by the hedge funds, so the overall setup looks very bearish.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.