AUDUSD has held the bottom of the 2+ year Channel Down for 7 weeks straight.
With the exception of September 2022 (fundamentals) such trading action initiated a rebound to the 1week MA50 at least.
This is therefore a very strong buy opportunity to target the 1week 50. If it closes a week over it, you can extend buying to a little under the 1week MA100.
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With the exception of September 2022 (fundamentals) such trading action initiated a rebound to the 1week MA50 at least.
This is therefore a very strong buy opportunity to target the 1week 50. If it closes a week over it, you can extend buying to a little under the 1week MA100.
Follow us, like the idea and leave a comment below!!
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