JWALTFOREX

audusd short then long then short again

Short
CAPITALCOM:AUDUSD   Australian Dollar / U.S. Dollar
audusd looking for a rebound and if break below the wedge then we be looking at .71 which is the neckline of the QML zone and also the buyer zone. However, buyers most likely to manipulate the sellers at .71 if break below follow buy a strong buying pressure (volume). keep in mind this is my view on AUDUSD, in addition, the covid omicron is rising in Australia and if keep on rising thru out the month then you know what will happen to the aussie economy itself.

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.