AUDUSD FEB WEEK 5 OUTLOOK -
Daily - starting to look bullish but it could just be a pullback on DXY. still unclear waters here so wait and watch seems to be the play here.
Origin - Looks like we will be trading within this range - **0.65892 - 0.65234** i.e. if price holds above **0.65617** and gives long entry we can take it to the higher end of zone and if it holds below **0.65490** we can look for shorts to take it to other end of the zone. short term plays only till direction on HTF becomes clearer seems like the way to go here.
Daily - starting to look bullish but it could just be a pullback on DXY. still unclear waters here so wait and watch seems to be the play here.
Origin - Looks like we will be trading within this range - **0.65892 - 0.65234** i.e. if price holds above **0.65617** and gives long entry we can take it to the higher end of zone and if it holds below **0.65490** we can look for shorts to take it to other end of the zone. short term plays only till direction on HTF becomes clearer seems like the way to go here.
