Seafair-Capital-Management

AUDUSD Potential 4H Long

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD has recently had a big fall as the DXY has shown major strength recently. I think this is a possible buy area perhaps as the non-US FX majors are extremely oversold and the DXY is heavily overbought. I have marked some supply and demand zones on the chart. Currently we are in a potential support demand zone . I have taken a buy position recently and will be adding soon to a lot of pairs.
Trade closed: target reached

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