Baring in mind my DXY perspective, we could see a reversal on Aussie dollar. Price made a change of character from an intraday perspective by breaking above the previous swing high, this has been followed by a retracement which is about to test the 0.786 fibonacci in confluence with this un mitigated 4H demand zone, Also during the move down price formed a beautiful double top, above the equal highs is liquidity i expect the market to target. We are monitoring PA on the LTF for potential entry confirmations to long.
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.
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.