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
overbought/oversold, double bottom
canddle, etc.) on the entry timeframe.
chart is posted on the first comment.