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KaisMarket
Jul 9, 2022 4:15 PM

AUDUSD TO START THE WEEK BULL  Long

Australian Dollar/U.S. DollarFXCM

Description

I see the AUDUSD beginning the week bullish with the dxy setting a top for this week before testing 105.753 as support. This moment of correction could allow us to see an up push and for the lower trend line of the down channel to be respected. Average risk reward of around 5:50 which is a more than decent evaluation.

DXY 4HR candle weak and possibly a 1 HR reversal pattern in the making. Make sure to eye both these up.
Comments
nice1485
Nice one
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