AUDUSD Post CPI Data, Where Next?

14 nov. 2023

Hey Traders,

After significant downside movement for a long period of time, the AUDUSD is rebounding on US data regarding inflation.

Rate rises in the US look less likely, so the longside bias is subsiding.

Here's my take on it's direction.

14 nov. 2023

Note

Shorting impulse + further entries higher.

14 nov. 2023

Note

Holding bias.

15 nov. 2023

Note

Still holding shorts. No RE entries until higher.

17 nov. 2023

Note

Further entries nearer 0.66

20 nov. 2023

Note

Light Shorts OK now for entry 1

21 nov. 2023

Note

Maintaining short alike NZDUSD.

22 nov. 2023

Note

Out of shorts.

23 nov. 2023

Note

Re shorts.

23 nov. 2023

Note

Exit for gains. Only re entries above prev high at long term M resistance.

24 nov. 2023

Note

Light shorts currently Alike NZDUSD

25 nov. 2023

Note

Also be careful of trading this AUD and others at the same time