E7i

AUD USD Possible bullish move

Long
E7i Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUD USD looks like prices are struggling to drop below Demand level and therefore should reach up to next supply level up top
Comment:
Forgot to put in also - The whole blue box at the bottom is a POSSIBLE reversal zone - doesn't have to reverse exactly where prices are right now
If that Low at the bottom of the blue box (previous support) is broken - then trade idea is invalid
Comment:
Well. Supply and Demand for you.
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.