(AUD | USD) Forex Trading Analysis Today Forex Forecast | Sep 10, 2024 | AUDUSD Analysis

in Forex Update2 months ago

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Forex Trading Analysis

Hello, Guys, today is Tuesday, September 10th, 2024 I am going to analyze the audusd currency pair let us start the top top-to-bottom Ali wave analysis inside the daily time frame the trend is down in AUD USD currency pair daily time frame resistance is present at the 0.6870 price level price action is most likely going to rise up and then drop to print bearish of exact corrective leg in coming trading days a decisive bullish breakout above 0.68 70 resistance area is going to end down Trend in the daily chart of AUD USD

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At 4 hour time frame price action is sprinting lower swing high c lower swing lows to me AUD USD pair Trend looks down in 4hour time frame

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At 1 hour time frame the trend is down in 1-hour chart intraday resistance is present at 0.6823 price level price action is most likely going to rise to print bullish wave two pull back and then drop to print bearish wave three impulse leg which offers a chance to join the downtrend in Aussie dollar pair a decisive bullish breakout above 0.6823 resistance level is going to end down Trend in 1-hour chart of Australian dollar versus United States dollar currency pair

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more specifically the red color highlighted area offers a selling opportunity which is the previous second wave of one lesser

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