Hi All,
Short term for the Australia dollar looks bullish as it break above a key level after it completes a moderate ABC correction.
The fib. levels are being respected at this micro level along with confluence above the 10/21 daily ema and on the weekly, we see the 21 ema as a strong initial support
Hence there is more upward pressure to come and with the DXY chart, more downward pressure.
Please give me a like or tick for this post.
Cheers,
S.SAri.
WEEKLY Chart
Short term for the Australia dollar looks bullish as it break above a key level after it completes a moderate ABC correction.
The fib. levels are being respected at this micro level along with confluence above the 10/21 daily ema and on the weekly, we see the 21 ema as a strong initial support
Hence there is more upward pressure to come and with the DXY chart, more downward pressure.
Please give me a like or tick for this post.
Cheers,
S.SAri.
WEEKLY Chart
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.