FX:AUDUSD   Australian Dollar / U.S. Dollar
Their are a lot of shorts being places right now so it wouldn’t surprise me to see it go long. On top of that if it were to go to the TP1 area it would have broken through the base of the H&S that basically started forming around 2020 you can view the H&S on the daily candle chart. With that being said DXY also looks like it wants to dip down so that will also help AU propel up.
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.