Daniel.Dalo

AUDUSD - DXY and Australian dollar timing

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
A nice opportunity to buy this pair has arisen, as the DXY is hitting a daily supply level and on the AUDUSD pair, we see price has just hit a daily demand, a 240 min demand and 30 min demand levels at the same time. So, is a very high probability trade but we can always wait for a confirmation (RSI divergence, RSI overbought/oversold, double bottom, doji canddle, etc.) on the entry timeframe.

The DXY chart is posted on the first comment.

Good luck!
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