Dollar Australien/Dollar AméricainMis à jour AUDUSD Trade Idea
On Friday's (5th Feb) analysis, I talked about the falling wedge pattern with potential bullish reversal. In yesterday's analysis, I expected AU to re-test the 0.7660 support zone with continuation towards the upside, which was exactly what the market performed. In today's trading session, I will be focusing on short-term buying opportunities after some pullback, ideally back towards 0.7701 minor support zone before further continuation to the upside with 0.78 high as the initial target.
Since early January I've been calling short-term selling opportunities as I've identified a bearish reversal early on. As the uptrend on the uptrend on the higher timeframe (4h, daily, weekly, monthly) in AU is still well-intact, avoid going against the long-term trend. Do check out my previous post if you're keen to learn how I've noticed a bearish reversal since 6th Jan.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Since early January I've been calling short-term selling opportunities as I've identified a bearish reversal early on. As the uptrend on the uptrend on the higher timeframe (4h, daily, weekly, monthly) in AU is still well-intact, avoid going against the long-term trend. Do check out my previous post if you're keen to learn how I've noticed a bearish reversal since 6th Jan.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Note
Previous analysis
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.