Currency Pair: AUD.USD Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Long
AUD.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
I have also noted the H&S pattern. Waiting for it to complete before placing a trade. Just following my rules :D
UnknownUnicorn180388
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@bigsimmo1, THat's great to hear, keep up the good work.
qr8v
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USD index had a rise. doesn't it affect the USD pairs?
UnknownUnicorn180388
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@aryanqr8v, DXY is certainly a gauge for the direction of many USD pairs, however trading my rules is key so if an opportunity presents itself, i will take action.