AUD/USD: Intraday Short Opportunity as Key Resistance Holds Strong

AUD/USDShortIntraday3h ago4 views

Trade Setup

Entry Price

0.65298

Stop Loss

0.65456

Take Profit

0.64981

Risk : Reward

1 : 2.01

RiskReward

Technical Setup & Entry Justification


Good morning, KoraFX traders. I'm looking at AUD/USD this morning, where the price is currently sitting at 0.65266. While the pair has been trading in a relatively sideways trend, we're seeing it push up against a critical resistance level at 0.6536. The day range thus far, 0.65167 to 0.6536

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