AUDUSD Daily Analysis for OANDA:AUDUSD by camerausin



W – Bearish , price has broken below the major support, next support is at .7, 300 pips away
D – Bearish , price continues to make lower highs and lower lows. the last impulse has been printing reversal candlesticks , big entry when price finishes its retracement DXY – neutral, price is at the major resistance. swing entries –
price is very over stretched right now I will be looking to enter when price retraces back to the .74 level. my first tp will be at the .73 level where this last impulse is, and my second TP will be at the .7 level. scalping entries –
price is very over extended, I will be looking for bullish structure on the lower time frames and will enter on a retracement back to .74



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