AUDUSD Market Outlook | Daily Forex Market Breakdown
AUDUSD
Pushing up perfectly to our previously drawn trend line. We called AU flawlessly even though these have been the worst market conditions I have see in 2019 and to be quite honest with you 2019 has been the worst I have seen the markets. On paper it is the worst year for forex trading since 1976.
That being said AU is looking really good. We need to see how the USD is going to react at these current levels. AUDUSD is looking really good right now definitely keeping a sharp on on AU. We could see a push up to retest and reject off 0.69, where I will be looking for a short opportunity. I am favoring downside movement soon.
Pushing up perfectly to our previously drawn trend line. We called AU flawlessly even though these have been the worst market conditions I have see in 2019 and to be quite honest with you 2019 has been the worst I have seen the markets. On paper it is the worst year for forex trading since 1976.
That being said AU is looking really good. We need to see how the USD is going to react at these current levels. AUDUSD is looking really good right now definitely keeping a sharp on on AU. We could see a push up to retest and reject off 0.69, where I will be looking for a short opportunity. I am favoring downside movement soon.
