This analysis is a Bullish scenario for AUDUSD.
The daily upward wave continues. If the upward wave of this daily bullish pattern continues, the correction process is propagated to a larger time frame. Therefore, the target is expected to reach around the monthly supply zone.
Look for buying opportunities near the daily demand zone.
The daily upward wave continues. If the upward wave of this daily bullish pattern continues, the correction process is propagated to a larger time frame. Therefore, the target is expected to reach around the monthly supply zone.
Look for buying opportunities near the daily demand zone.
Trade active
A daily upward wave will follow. The goal is to reach the monthly supply zone!Trade closed: target reached
Patterns may change, so this analysis is no longer valid. I will post a new analysis. First, see the DXY chart analysis article.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.