Double Top For AUDUSD Just Another Reason To SHORT
AUDUSD struggle to break 0.70 level and consolidate around the area. Slow starts last week and with the uncertainty around the 2nd wave of pandemic Covid-19, the movement for next week will be centred around Federal Reserve quantitative easing policy.
Key Trading Plan:
i) SHORT from the current price to the support level of 0.68120.
ii) LONG if the price breaks the resistance key level of 0.70769 with the Take Profit Target at 0.71644.
‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors.
‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
Key Trading Plan:
i) SHORT from the current price to the support level of 0.68120.
ii) LONG if the price breaks the resistance key level of 0.70769 with the Take Profit Target at 0.71644.
‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors.
‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.