Get started
MarcellusLUX

Expecting an uptrend in AUDUSD

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
MarcellusLUX  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis AUDUSD audusdforecast audusdsignal audusdanalysis audusdlong audusddaily
17
8
trendanalysis chartpattern beyondta audusd audusdforecast audusdsignal audusdanalysis audusdlong audusddaily
AUD/USD appears to be bottoming out and we might see a strong uptrend in the coming weeks.
My preferred strategy is to buy the dips in AUD/USD.

I recommend buying any dips in AUD/USD between 0.7430-0.7465 with SL below 0.74 and initial
TP at 0.7560. Long term traders can target the 0.78 area as TP
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.