Australian Dollar / U.S. Dollar
Short
Updated

A CHANGE OF PERSPECTIVE

65
THERE WAS A BIT OF CONFUSION LAST WEEK REGARDING THE DIRECTIONAL BIAS OF THE DOLLAR, ON WHETHER IT WOULD CONTINUE DOWN OR JUST JUST SPIKE BUT SINCE THAT GOT CLEARED, I'M EXPECTING THE DOLLAR TO REVERSE TO THE UPSIDE AND ALL THE DOLLAR PAIRS TO GO OPPOSITE.
RIGHT NOW AUDUSD IS SHOWING A LOT OF BULLISH SENTIMENT AS WE CAN SEE A BREAK OF THE TREND LINE AND A RETEST OF THIS WHICH CONFIRMS THAT BEARS ARE IN CONTROL OF THE MARKET BUT I SUSPECT IT WON'T BE FOR LONG. (IN THE NEAR FUTURE I SEE THESE PAIRS GOING UP)
Trade closed: target reached
Trade closed: target reached

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