JUpAway

Long AUD/USD for 2018

Long
JUpAway Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
I am long AUD/USD for 2018. I expect commodity prices to surge and the USD DXY to decrease in value. Retail is selling on every rally which gives me further bias to the upside.
Trade active:
I do see the dollar DXY strengthening over the next few days and possibly into next week. I will be scalping long dollar until a short opportunity presents itself. The longer term bearish dollar DXY view is still in tact.
Trade active:
I have added longs to AUDUSD after scalping dollar strength yesterday. Trade is active and I expect a steady rise.
Trade active

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.