AUD/USD: Constructive Bullish Structure, Correlated Assets Agree
Factors supporting a resumption of the AUD/USD trend:
1. The retracement in price shows divergence vs correlated assets
2. The latest leg up carried increasing tick volume.
3. So far, we are seeing a low volume correction.
4. We are in an intraday 2nd cycle out of potential 3
5. A resumption of the bullish trend targets 0.74/7410
1. The retracement in price shows divergence vs correlated assets
2. The latest leg up carried increasing tick volume.
3. So far, we are seeing a low volume correction.
4. We are in an intraday 2nd cycle out of potential 3
5. A resumption of the bullish trend targets 0.74/7410
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👉👉 Join The OFA Inner Circle:
📓📓Learn Order Flow like a PRO:
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🧑🏫🧑🏫 Author of the #1 Order Flow Script:
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📧📧 DM me if doubts (100% response rate)
📓📓Learn Order Flow like a PRO:
ofa-course.com
🧑🏫🧑🏫 Author of the #1 Order Flow Script:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.