Trade Idea AUD/USD intraday: key ST resistance at 1.04. |
Pivot: 1.04
Our preference: Short positions below 1.04 with targets @ 1.029 & 1.023 in extension. Alternative scenario: Above 1.04 look for further upside with 1.045 & 1.05 as targets. Comment: the break below 1.04 is a negative signal that has opened a path to 1.029. |
Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.
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