azizelliott

$AUDUSD - Inverted head and shoulders

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hi guys! 👋🏻

🔔 I believe the impulse is very high and the Australian Dollar will continue upwards. The track for the #DXY will be set by important economic data today and tomorrow, especially the #NFP - non-farm payrolls.

🔔 Russian Ministry of Finance this week declared the start of Gold purchases starting February 7, might effect the Gold price. The current economic and political sitiation is very tense, so Gold could hike this year, dragging AUD upwards with it.

🔔 Wedge pattern is about to complete and I am waiting for a breakout here, though the best would be a retest of 0.71, though might not happen.

✊🏻 Good luck with your trades! ✊🏻
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Nothing is true, everything is permitted.
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🤖 I am one of the 11K TradingView users who trade on BingX - bingx.com/partner/Aziz
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