AUDUSD: Gold Breakout & DXY Resistance Could Fuel Bulls!!
Hey Traders,
In tomorrow’s session, we’re eyeing a buying opportunity on AUDUSD around the 0.65100 zone. The pair remains in an uptrend and is currently in a correction phase, approaching a key support level at 0.65100.
We’re also keeping a bullish bias on Gold, which is attempting to break and hold above 3,400. Given the positive correlation between Gold and AUDUSD, this could lend additional upside momentum to the pair.
Meanwhile, the DXY is approaching the 98.300 resistance. A rejection from this level could serve as a strong catalyst for AUDUSD bulls.
Trade safe, Joe.
In tomorrow’s session, we’re eyeing a buying opportunity on AUDUSD around the 0.65100 zone. The pair remains in an uptrend and is currently in a correction phase, approaching a key support level at 0.65100.
We’re also keeping a bullish bias on Gold, which is attempting to break and hold above 3,400. Given the positive correlation between Gold and AUDUSD, this could lend additional upside momentum to the pair.
Meanwhile, the DXY is approaching the 98.300 resistance. A rejection from this level could serve as a strong catalyst for AUDUSD bulls.
Trade safe, Joe.
Trade active
Trade closed: target reached
Price hit target with recent comment from Trump about Powell! 
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Free Telegram Group:
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
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.