Even though the AUDUSD is trading in a short term range, I’d only consider taking short opportunities as it was clearly rejected from an important LT level:
The AUDUSD is trading in a bearish market condition and it is likely to continue its way down until it reaches the next LT support level.
Tags: AUDUSD Analysis
I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .