AUDUSD Analysis

١٧ يونيو ٢٠٢١

AUDUSD Analysis: AUDUSD perfectly hit my predicted target explained two days ago. Price has made bearish Head and shoulder pattern on daily time frame, which is strong indication of bearish pressure. Market will probably go into long term bearish trend owing to current market structure. Price has made strong bearish move since yesterday, If price closes below 0.75791 support level with full body candles, I will be taking sell trade on retracement. I will also putting sell trade if market retrace to 0.77003 resistance level with target around 0.73745 support level.