TradingView
theroadtoprofit
Jul 29, 2021 2:44 PM

AUDUSD Catch Up? Long

Australian Dollar/U.S. DollarFXCM

Description

Today I would like to present a cross-reference analysis of AU, EU and GU.

The white zone represents pivotal zone from July. As you can see, both GU and EU have managed to reach these zones, with GU breaking above.

I can't help but notice the relative weakness in the Aussie. Closing candles above the highs at .74 should open the door for a catch-up run.

Green zones JULY 22 resistance
White zones JULY 9-13 resistance

Good Luck
Comments
Pooyamax
Yeah, Aussie Dollar should go up as commodities go up, the current price is ridiculous
More