HELLO ALL,
AUDUSD FAILED TO MOVE HIGHER OFF OF THE 4HR TREND LINE AND INSTEAD BROKE LOWER. APPARENTLY ARTICLES CAME OUT TALKING ABOUT CHINA HAVING A REBOUND IN RONA VIRUS CASES AND WITH THE US HAVING AN APPARENT SECOND WAVE ALSO, THE MARKETS ARE RATTLED AND IT LOOKS AS IF THIS PAIR WILL KEEP PUSHING LOWER.
KEEP AN EYE ON PRICE ACTION FOR AN ENTRY SHORT WITH THE .6600 AREA AS A POSSIBLE TARGET. TODAY SHOULD GIVE YOU A BETTER INDICATION AS TO HOW THE MARKET WILL MOVE BASED ON FUNDAMENTALS. RISK MANAGEMENT AND PATIENCE LADIES AND GENTS, GOOD LUCK!
PLEASE GIVE A THUMBS UP IF YOU LIKE AND COMMENT YOUR IDEAS AND OPINIONS, THANK YOU!
AUDUSD FAILED TO MOVE HIGHER OFF OF THE 4HR TREND LINE AND INSTEAD BROKE LOWER. APPARENTLY ARTICLES CAME OUT TALKING ABOUT CHINA HAVING A REBOUND IN RONA VIRUS CASES AND WITH THE US HAVING AN APPARENT SECOND WAVE ALSO, THE MARKETS ARE RATTLED AND IT LOOKS AS IF THIS PAIR WILL KEEP PUSHING LOWER.
KEEP AN EYE ON PRICE ACTION FOR AN ENTRY SHORT WITH THE .6600 AREA AS A POSSIBLE TARGET. TODAY SHOULD GIVE YOU A BETTER INDICATION AS TO HOW THE MARKET WILL MOVE BASED ON FUNDAMENTALS. RISK MANAGEMENT AND PATIENCE LADIES AND GENTS, GOOD LUCK!
PLEASE GIVE A THUMBS UP IF YOU LIKE AND COMMENT YOUR IDEAS AND OPINIONS, THANK YOU!
