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AUD/USD could move UP!
Hey tradomanics,
AUD/USD is re-testing a very strong support-zone when you look at the DAILY-Chart 👉
Even though prices are very high SPX500 has shown a choppy correction not really willign to drop with the US-Opening.
This shows still open interest (ridicouless I know) and that bulls are holding the course.
If markets will move up soon AUD/USD and NZD/USD will probably benefit from it!
I`m not sure whether we should execute this position or not as the market is very choppy and volatile, but at least I wanted to show you my view and idea.
If I execute this one I will let you know.🙏
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
AUD/USD is re-testing a very strong support-zone when you look at the DAILY-Chart 👉
Even though prices are very high SPX500 has shown a choppy correction not really willign to drop with the US-Opening.
This shows still open interest (ridicouless I know) and that bulls are holding the course.
If markets will move up soon AUD/USD and NZD/USD will probably benefit from it!
I`m not sure whether we should execute this position or not as the market is very choppy and volatile, but at least I wanted to show you my view and idea.
If I execute this one I will let you know.🙏
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
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