Technical Overview: - AUD/USD Check out our previous posted analysis Recently we had seen the Australian Dollar get stronger and we had been waiting for price to sell off. We were not able to add any long position without any sell off, we had entered on long position from previous weeks analysis but for those who have not have the chance, we may be looking at new buying opportunities. We have seen the DXY move to the upside, however with the current printing it is very likely that the Dollar is headed even lower for now.
From a smaller time frame we are expecting to continue this bullish run however we are not able to enter unless we get price falling down to our buy potential points of interest. If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish momentum.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈 Trade with the manipulation👾