AUDUSD 30min Analysis March 25th, 2021
Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to our support zone .7580. We will then wait for price to find support and enter on strong bullish setups, first targeting previous highs around .7630
Trade Scenario 2: Bearish - For us to go short we need to see price break below .7580. We will then wait for price retrace and for .7580 to flip as resistance. We will then enter on strong bearish setups, first targeting .7535
Trade Scenario 2: Bearish - For us to go short we need to see price break below .7580. We will then wait for price retrace and for .7580 to flip as resistance. We will then enter on strong bearish setups, first targeting .7535