AUDUSD END-WEEK ANALYSIS-UPDATE 24/09/2023

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AUD/USD Outlook: Surfing the Forex Waves - But Watch the DXY


The AUD/USD journey has been an eventful one, with our earlier forecast for a recovery spot on. However, market dynamics are ever-shifting, and the next chapter is upon us.

Now, I'm anticipating a potential downturn for AUD/USD as the US dollar regains strength. But here's the caveat: this scenario hinges on the DXY maintaining its bullish momentum above 105.864. Join me in monitoring this intricate interplay of factors as we navigate these forex waves. Stay tuned for more insights and updates! 📉📈 #AUDUSDOutlook #MarketShifts #TradingView
Note
BUYS TO SELL MODEL
snapshot
Note
Tp 1 taken as a retracement is possible and then possibly adding to position
Trade fermée: cible de profit atteinte
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