r/Forex • u/tvrda_tripola • 2d ago

Charts and Setups What's this with AUDUSD?

AUDUSD have a huge drop of 300pips yesterday, with my marks on charts it droped below last swing low which indicate bearish breakout on daily. On EURUSD and GBPUSD still bullish and idk what to think now i will wait monday or even Tuesday to see what will market do. But still what do you guys think is it going to pump up as a false breakout beacuse of dollar weakness or something happend in Australia economics?

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u/Tornspace- 2d ago

Look up The Trading Academy on YouTube. He does a daily market outlook during the UK session every week day. Check him out and you’ll get some insights on how to approach some of the major pairs daily.