AUDUSD 4hour Analysis October 23rd, 2022
AUDUSD Neutral Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: AU saw some bullish movement at the end of last week and price action is now resting near our 0.64000 resistance level.
Price action did break a significant level and pattern but i’m not convinced we are bullish yet. Ideally we can spot structure above 0.64000 to get behind a bullish 4hour outlook.
Trade scenario 2: For us to consider AU bearish again we would need to see a lower high below 0.63250. That would be the most comfortable scenario.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: AU saw some bullish movement at the end of last week and price action is now resting near our 0.64000 resistance level.
Price action did break a significant level and pattern but i’m not convinced we are bullish yet. Ideally we can spot structure above 0.64000 to get behind a bullish 4hour outlook.
Trade scenario 2: For us to consider AU bearish again we would need to see a lower high below 0.63250. That would be the most comfortable scenario.
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.