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Elrouby
Mar 12, 2022 11:32 PM

AUDUSD Long

Australian Dollar/U.S. DollarFXCM

Description

Any correction towards the channel will be good for buying, and as we can see that the bottoms near the channel were equal to some extent, which supported the pair to rise and end the decline, which means that there is strong support ,I hope not to take risks as this week we have important news for the pair as we have on Tuesday will be on the AUD Monetary Policy Meeting Minutes,
on Wednesday, it will be a very important day, the Fed meeting to raise interest rates

Comment

Comments
JoeChampion
if we see some dovish FOMC this week we can confirm your vision, appreciate your work. i have same target of 0.78 here!
Elrouby
@JoeChampion, You are an excellent analyst We are used to that from you. I wish you all the best
dRends35
Week just started and already big sell candle - could end up being a big one, next leg down starts here i think.

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