Hey guys,
I’m a sucker for punishment aren’t I. Here’s the latest forex market setup that’s caught my eye.
Open up an Aussie dollar daily:
AUD/USD Daily
You can see that price is below trend line resistance and the overriding trend is obviously down. This means we’re looking for shorts.
Now zoom into an intraday chart:
AUD/USD Hourly
It’s here that you can see the retests of short term previous support turned resistance. With the latest level yet to be retested.
We’ll get there.
Peace ✌🏻.
@forexbrokr | Steemit Blog
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