The AUDUSD traded in a bearish market condition the whole European session, but right now its just at a short term resistance level, if the AUDUSD breaks this resistance level it will be on no ones land:
The AUDUSD needs to trade below 0.8858 in order to be considered in a bearish market condition and therefore look for short opportunities, if it breaks this level for the upside, I will not trade it.
Tags: AUDUSD Analysis
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