AUDUSD R:R 1:4Liquidity Sweep and CHoCH
Imbalance with FVG
Its tapped the Previous Unmitigated supply.
Its already created the EQL and TL Liquidity.
Once entered the Entry zone go with confirmation Entry with CHOCH.
Audusdsell
32,600 Jobs Added! Aussie Dollar Skyrockets!32,600 Jobs Added! Aussie Dollar Skyrockets!
The Australian dollar has surged, driven by an impressive employment report that far exceeded expectations. In the month of June, Australia's net employment rose by a staggering 32,600 compared to the previous month, surpassing estimates by more than double.
This development propelled the Aussie currency up by over 0.9%, reaching an intra-day high of $0.6834. The New Zealand dollar also rode the wave, gaining 0.57% to reach $0.6299. Both Antipodean currencies are now poised to reverse the losses incurred over four consecutive trading sessions.
The current market sentiment favors the bulls, with both short and long-term momentum in their favor. Price action is trading above the 50 and 200-day moving averages, reinforcing the positive outlook for the Australian dollar.
Elsewhere in the currency market, the sterling is doing its best to counter deep losses following a sharp fall in the previous session. The decline was prompted by Britain's inflation data, which fell short of market expectations.
The British pound managed a modest recovery, trading 0.15% higher at $1.2958 in the latest session.
AUDUSDFX:AUDUSD
As you can see that, AUDUSD has created Flag and Pole pattern and breakout was happening at drawn level, if it gives retest at at same level then we can plan for selling side. Plan your trade accordingly...
AUDUSD SELL POSSIBILITY 15.02.23 UPDATELooking for possible selling continuation on the pair to retest the previous support lower.
This will as well be as a target point of the target for the bearish flag.
A 2hr break below the support at 0.68610 would be a good confirmation on the sell bias of the pair and act as an entry point of the trade
A break and close above the resistance at 0.69970 might signal a push higher and will invalidate the sell bias
AUDUSD ForecastAUDUSD Forecast
IMO
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Happy Trading 😊
AUDUSD ShortAUDUSD Short
Is this a correct supply zone ?
Feel free to share your opinions in the comment!
AUDUSD Swing-Sell 100 Pips targetReason for selling AUDUSD
Fundamental factors are supporting the USD as the recent inflation figure beats the expectation 4.16% which causes the buying of USD against major pairs.
It has reached lower trendline area.Sell AUDUSD when it reaches around the .618 Fibonacci level and primary target would be 1.272 Fibonacci.
AUDUSD #audusd
Sell limit @ 0.77770
Take profit @ 0.76600
Stop lose @ 0.78200
