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AUDUSD Higher
Australian Dollar / U.S. Dollar
Long
AUDUSD Higher
By Spinning_
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Updated
Sep 5, 2023
8
Cheer
Cheer
Aug 22, 2023
I think AUDUSD moves higher from here.
We've had some potential breakouts here from copper and gold is looking a little better, both of which should help the pair move higher.
sentiment is extremely low along with extreme AUD shorts and extreme daily RSI reading below 30, all of which are usually good indicators of bottoms.
I think we've reached peak fears for AUD with china worries and the pair could find it hard to move too much lower.
Not trading/investment advise, feedback welcome!
Sep 5, 2023
Comment
closing at 0.63911
Sep 5, 2023
Comment
going to re-enter at 0.6381 - may take it out later but seems like we've slowed down on the decent
Sep 5, 2023
Comment
out at stop loss
AUDUSD
Fundamental Analysis
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