AUDUSD Long with Support
Even with USD strengthening, I do see commodities doing well with the uncertainty on political instability. That also means AUD$ will do well over the short term. With the R/S holding its position, I am looking for AUD to do well against USD.
Trade active
Entry also based on "W" pattern at the support.Trade closed manually
Good short term position.
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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.