AUDUSD Trade Idea: Bullish Setup Lately, price has been moving in a way that suggests the market might be trying to shift momentum. After a recent drop, buyers seem to be stepping back in, creating signs of a potential reversal or continuation push higher.
AUDUSD pair has made a strong upward move, currently trading near 0.60, signaling a rare and significant shift in market dynamics. If momentum continues, we could see an extension toward the 1.00 level, which would represent a massive appreciation of the UAE Dirham against the US Dollar.
Technically, the pair is in a bullish structure, forming higher highs and higher lows, showing strong buyer momentum. As long as price remains above 0.55, the bias stays bullish, targeting the 0.75 → 0.90 → 1.00 zones in the medium term.
AUDUSD Can anybody notice here whole trend is in downward since 2011. what it's means for us? the whole AUD economy not performing well particular in iron ore and coal which are major exporters for Australia
AUDUSD Trade Idea: Bullish Setup Lately, price has been moving in a way that suggests the market might be trying to shift momentum. After a recent drop, buyers seem to be stepping back in, creating signs of a potential reversal or continuation push higher.
