SlattYSL

Nov 30- Dec 4th AUD/USD buy

SlattYSL Updated   
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
only reason i took this trade :
@Outside_The_Box_NZ - please keep holding NU and AU longs @SlattYSL
@Outside_The_Box_NZ - so he needs to eat his own damn word
by the way im 200+ pips deep into nzdusd

Well i posted this last week and was screaming for aud to be bullish going into this week. not being cocky just following the technicals and seeing how they hold as the fundamentals are implemented. If the markets are going to be forward looking so am i. Just over the past 2 weeks i've called eur/jpy for 100+ pips, nzd/jpy for 170+ pips, gbpjpy for 50 pips, aud/jpy for 100 pips, & i literally called this one last week, with no description, just because i saw it setting up.. if you follow me & actually take my trades i just ask that you show me some love on CashApp: $BakedBenji

Now on the real, china is recovering faster than the us, and the asia market revolves around china. Especially with biden very fond of china and willing to do plenty of deals with them will only increase the value of Asian currencies. Also this week we have aud gdp and cash rate coming up, but not before the Chinese PMI data. Then focus should switch back to the USD on wednesday as congress votes on some bills and possibly a bipartisan extension bill to keep people from being evicted and for student loan forbearance, maybe stimulus as well. Basically the vote is mainly keep the government funded through the next months, before they take their recess. More important date is Jan 5th, because Georgia run off elections, and we get to see who controls the Senate. Democrats already have the house and presidency, if they get the senate too, GOOD BYE USD. DXY WILL TANK
Trade closed manually

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.