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Rizwan-Ali
Dec 11, 2023 2:11 PM

Audusd looking for a short-term surprise for the upside 0.6620 Long

Australian vs US DollarPepperstone

Description

Audusd looks quite good at this consolidation phase to go long and target 0.6620 level as target with entry around 0.6551 level or above with a stoploss at 0.6525 level.


this expansion seems limited and after that i am expecting price to fall further down and resume the downtrend .


i have two setups for this AUDUSD one as per the higher time frame while this trade is for shorter term perspective and my both analysis do not have a same bias. both are valid

in this one i am long just for a short term and my previous trade which is short that is also valid

Trade active

Trade closed: target reached

Comments
TheFxAce
The bullish landscape you’ve depicted is thoroughly persuasive.
Rizwan-Ali
@TheFxAce thanks 😊
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