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Potential Sell Entry Alert to Watch AUDUSD
Time Frame : Hourly Chart
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The AUDUSD recently pushed back above the 0.6000 zone and continues to grind higher although is running out of steam. The USD has also been on the ropes after the recent spike higher but if the bulls return to push the USD up then the Aussie will come under pressure. Economic data will also be a concern to weigh on the currency pair so watching now for a lower high for the sell entry setup to get the ball rolling and start to pressure buyers.
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Currency Pair : AUDUSD
Current Price : 0.6168
Status : On watch for a break down and Long Squeeze lower
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