duanphong

AUDUSD, maybe this is not a goodtime for trading!

duanphong Updated   
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
I expect to see the completion of Correction wave A-B-C. Right now, we could be at the end of wave C. However, it could be very problematic if you try to "buy the dip" in this case, because AUDUSD ratio is very close to sp line. The best strategy is just staying out of this such situation and waiting for strong bullish signal.
Comment:
I'm still waiting for strong bullish signal. AU has just bounced from sp zone.
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.