AUDUSD 24/5/2020 (MIDAZ TRADING STRATEGIES)
AUDUSDLast week AUD weaken against the dollar due to its pro china play.
Our call on playing the pair at top BB range has lasted for 2 weeks now.
We see it will continue that way for next week. Any breakout of more than 45pips will mean pullbacks has turn to reversal.
Wait for price to come fall below BB mid band on daily view before entering.
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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.