AUDUSD Looks toppish- caution both long and shorts
AUDUSD into a supple zone as marked. We have initiated short and stops as seen above.
Divergence on AUDUSD ( bearish) and on DXY (Bullish) may lead to dollar buying.
Since last couple of months Aussie is following the S&P 500.
IF S&P breaks higher, Aussie may break higher as well. Trade with caution.
Divergence on AUDUSD ( bearish) and on DXY (Bullish) may lead to dollar buying.
Since last couple of months Aussie is following the S&P 500.
IF S&P breaks higher, Aussie may break higher as well. Trade with caution.
Handel aktiv:
active at 6850 and second entry at 6890
Trade stängt: Stopp nått:
Vicious vicious rally in Aussie. This pair is acting like a safe haven. Outlook is now bullish.
Will buy the dips. Eventual target above 70 cents upto 72 cents.
Will buy the dips. Eventual target above 70 cents upto 72 cents.
Refer to this screenshot to see the relation between S&P 500 and AUDUSD