AUDUSD BUY???
May be its time to buy the AUDUSD!
The DXY is positioning itself quite nicely around the OB 106.432-106.711.
this means that the AUDUSD could just shoot up. Afterall, this is a nice reaction from the 30 mins OB. However, the conditions for my entry would be;
- an alignment with the DXY (the dxy has to come to the supply zone and get a reaction indicative of a trend change).
- A break of 0.63858 with a BODY CLOSE. If that doesnt happen, we dont trade!
This is not trading advice, nor is it a trade signal. Please take proper risk management!
The DXY is positioning itself quite nicely around the OB 106.432-106.711.
this means that the AUDUSD could just shoot up. Afterall, this is a nice reaction from the 30 mins OB. However, the conditions for my entry would be;
- an alignment with the DXY (the dxy has to come to the supply zone and get a reaction indicative of a trend change).
- A break of 0.63858 with a BODY CLOSE. If that doesnt happen, we dont trade!
This is not trading advice, nor is it a trade signal. Please take proper risk management!
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