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JSAL
Jun 8, 2023 8:39 AM

AUDUSD, getting ready for flight to 0.70. Long

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD is registering huge net buy volume on the weekly data suggesting a shifting trend to the upside long term.

Higher lows on weekly histogram and pricing has been created cementing the current range as the new base for the series of price growth. It is now sitting at 61.8 FIB LEVELS -- an area where buyers converge.

Expect more upside valuation for the pair in the near term.

Spotted at 0.6650

TAYOR
Safeguard capital always.

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So far so good for AUD.

Here's a macro view (weekly data): Upside continuation in order -- targeting 0.70

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Another Ascend attempt by AUD. Price + Histogram registered higher lows.

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MACRO VIEW: DAILY DATA

AUD is bouncing off 78.6 FIB LEVEL support with precision -- buyers are IN again.

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MICRO VIEW: 4H DATA update - Strong breakout by AUD.

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MACRO UPDATE: MONTHLY data - AUD currently bouncing off a solid 14-year longstanding support. Upside Trajectory expected.

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4H update:

UPSIDE continuation in order for AUD.

TAYOR.

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TOUCH BASE again for AUD.

Expect a bounce from the current levels.

TAYOR.

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Daily data update:

AUD trying to spark a surge.
DAILY PRICE SHIFT attempts has been frequent and persistent.

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moving nicely now

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AUDUSD found its new strong base already.

Daily double bottom
Daily Price shift.

May target a +400 pip move to 0.68 levels.

TAYOR.

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AUD targeting 0.65 with possible break.

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a weekly outlook / long term:

Looks like we found a strong base for the long term.
A 0.70 long term target is in sight.

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Weekly data update:

AUD is shifting on weekly / created a new higher low.

Expect some more upside retest from the current range.

Greenlines on top are the targets.

Spotted at 0.6420

TAYOR.

Comment

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4H update:

Another attempt by AUD. Let's see.

Spotted at 0.63

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Upside continuation play for AUD after the 'higher lows' correction.



Spotted at 0.630

TAYOR

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4H data update:

Price base is slowly shifting -- detaching from the bear support line. This is favoring long side.

Expect some significant price growth from here on.

Spotted at 0.63

TAYOR.

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Congrats holders.

A breakout. Moved as planned.

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Upside continuation in order.

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AUD re-attempt for reversal in order.

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ascend continuation in order.

Comment

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Congrats holders, more than 100 pips registered. More to go.

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Chart Post surge update:

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Upside continuation in order.

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Swing play opportunity in order: long.

Spotted at 0.6570

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AUDUSD, price movement structure for reference.

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Upside continuation

Comment

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IT'S TIME.

Upside continuation.

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Fresh attempt.

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Daily data update:

We are very near at the heatzone now. You know what happens next.

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Weekly data metrics suggests a target of 0.70 levels soon.

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another attempt.

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2024 will be a rosier year for AUDUSD based on long term data metrics.
A long term SHIFT has been spotted, and this is massive.

Spotted at 0.6500

TAYOR.

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There ya go, massive breakout.

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More rise is expected bassed on intraday data.
Comments
TheFxAce
Solid work, always informative.
JSAL
@TheFxAce Thanks.
Franktrade
will it go higher to 0660??
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