AUDUSD still higher from recent support level {08/jan/2024}
Educational Analysis says AUDUSD may move in this range for some time according to my technical.
Broker - Pepperstone
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because AudUsd has already been in an Uptrend since last Month, And basically will go higher from the demand level.
Although it is in an uptrend, the market may come down to collect sell-side liquidity and fill fair value gaps. Then shoots up to the new high.
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
Broker - Pepperstone
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because AudUsd has already been in an Uptrend since last Month, And basically will go higher from the demand level.
Although it is in an uptrend, the market may come down to collect sell-side liquidity and fill fair value gaps. Then shoots up to the new high.
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
Trade closed: stop reached