In this Analysis you can see that the AUDUSD price on the 30-minute chart, there is a possibility for a SELL position.
What we look for:
short positions below 0.7485 with targets at 0.7465 & 0.7445 in extension.
If trend will change:
above 0.7485 look for further upside with 0.7505 & 0.7525 as targets.
My entry details:
- Entry Level: 0.7471
- Take Profit level: 0.7465
- Take Profit level 2: 0.7445
- Stop Loss level: 0.7505
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.