AUD/USD Intraday Short: Rejection at Key Resistance

AUD/USDShortIntraday1w ago5 views

Trade Setup

Entry Price

0.65251

Stop Loss

0.65333

Take Profit

0.65086

Risk : Reward

1 : 2.01

RiskReward

Technical Rejection at the Top of the Range


My analysis on AUD/USD for an intraday short setup is compelling, given current price action. We're seeing the pair trading at 0.65235, hovering near the upper bound of its day range, which is 0.65183 to 0.65286. Critically, this area is immediately below a significant resistance level at 0.6529. While the overall trend has been sideways, the market is currently testing this key level.
I'm observing a clear struggle for the bulls to push beyond 0.6529. This

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