Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
AUDUSD, demand cluster?
Australian Dollar / U.S. Dollar
Long
AUDUSD, demand cluster?
By sdtrader
Follow
Follow
Jul 2, 2018
1
Cheer
Cheer
Jul 2, 2018
having hit a near term low, prices consolidated and made a sufficiently strong rally into the immediate supply area.
However, the supply looks weak, considering the time it took to "travel" down to the current low.
A possible area to go long, targeting immediate supply, for a 2:1.
Supply and Demand
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
.