Long
Potential Long $AUDUSD against .6800
Hello Sophisticated Trader,
Since early June the
AUDUSD has held strong support of .6840, which is also the upward trend line support. At this point, I have lowered my expectation of a dip to .6700, even though this would be nice. But the AUDUSD, is making a clear path, especially on the monthly chart for a potential test of .7200. With Monday and Tuesday being the end of the month, we are looking for volatility favoring the upside. However, a Daily close below .6840, would suggest a test of .6700.
Like, Comment, and Follow.
Let's Make Money Together!
Happy Trading!
Dr. Lydia Smith
Where we teach you what you need to know to be a profitable trader.
Since early June the
AUDUSD has held strong support of .6840, which is also the upward trend line support. At this point, I have lowered my expectation of a dip to .6700, even though this would be nice. But the AUDUSD, is making a clear path, especially on the monthly chart for a potential test of .7200. With Monday and Tuesday being the end of the month, we are looking for volatility favoring the upside. However, a Daily close below .6840, would suggest a test of .6700.Like, Comment, and Follow.
Let's Make Money Together!
Happy Trading!
Dr. Lydia Smith
Where we teach you what you need to know to be a profitable trader.
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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.
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.