Hey tradomanics,
AUD/USD is re-testing a very strong support-zone when you look at the DAILY-Chart 👉
Even though prices are very high SPX500 has shown a choppy correction not really willign to drop with the US-Opening.
This shows still open interest (ridicouless I know) and that bulls are holding the course.
If markets will move up soon AUD/USD and NZD/USD will probably benefit from it!
I`m not sure whether we should execute this position or not as the market is very choppy and volatile, but at least I wanted to show you my view and idea.
If I execute this one I will let you know.🙏
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
AUD/USD is re-testing a very strong support-zone when you look at the DAILY-Chart 👉
Even though prices are very high SPX500 has shown a choppy correction not really willign to drop with the US-Opening.
This shows still open interest (ridicouless I know) and that bulls are holding the course.
If markets will move up soon AUD/USD and NZD/USD will probably benefit from it!
I`m not sure whether we should execute this position or not as the market is very choppy and volatile, but at least I wanted to show you my view and idea.
If I execute this one I will let you know.🙏
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.