AUD/USD Intraday Short: Rejection at Key Resistance
AUD/USDShortIntraday1w ago1 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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