EURUSD Profit Taken : AUDUSD Trade Idea
Wed 6th September 2023 : Daily Forex Price Action
Today we’re looking at Trading Setups in:
AUDUSD (Primary Focus Pair)
EURUSD (Covered In Video)
NZDUSD (Covered In Video)
We have taken profits on our EURUSD trade, details can be found in today’s video.
Our attention now turns to AUDUSD as yesterday we discussed the potential for AUDUSD to trade lower.
Today we have been presented with a trading idea after our confluences have been tested.
First our live propriety strength vs weakness tables show us that AUD is W1 and USD is S1; this could see AUDUSD momentum continue lower.