AUDUSD – Just bearish

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:

AUDUSD
AUDUSD

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.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

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Raul Lopez

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 .