Audusd is at the highest point in the last 3 months and also is at an imbalance (low volume node). The weekly (last week) and daily market profiles from last week (friday) suggested a reversal in price due to demand drying up, but the aggressive surplus of buy imbalances marked by the 2hr footprint chart show sellers are being absorbed and demand is still willing to go higher.
Trade snapshots for proof:
ibb.co/r2D2gwYd
ibb.co/HpqNpgHd
ibb.co/607jp4Q7
ibb.co/5Wwthbq0
ibb.co/TDsBJVj7
ibb.co/ym6ZFrsq
Trade snapshots for proof:
ibb.co/r2D2gwYd
ibb.co/HpqNpgHd
ibb.co/607jp4Q7
ibb.co/5Wwthbq0
ibb.co/TDsBJVj7
ibb.co/ym6ZFrsq
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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.