AUDUSD (AU) buy opportunity to the upside.
AUDUSD has hit a strong weekly support zone after a sharp sell-off.
The USD appears to be showing signs of an incoming retracement after a strong upside move, and I believe that AUDUSD will retrace to the upside on this short term dollar weakness.
The long term trend is still down for AUDUSD, but this is a good buy opportunity for a retracement.
The USD appears to be showing signs of an incoming retracement after a strong upside move, and I believe that AUDUSD will retrace to the upside on this short term dollar weakness.
The long term trend is still down for AUDUSD, but this is a good buy opportunity for a retracement.
A scalpers life :-)
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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.
A scalpers life :-)
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.