AUDUSD 4hour Analysis October 10th, 2021
AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking bullish on AU as we just broke resistance around 0.73000 and are now finding support.
From here we’re looking for bullish setups to enter long on.
Trade scenario 2: For us to consider AU bearish we would need to see a break back below support at 0.73000 with a lower high below.
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking bullish on AU as we just broke resistance around 0.73000 and are now finding support.
From here we’re looking for bullish setups to enter long on.
Trade scenario 2: For us to consider AU bearish we would need to see a break back below support at 0.73000 with a lower high below.