AUD, Is looking extremely corrective up at these levels after not only completing ascending channel, with three touches but, also extending the most recent highs to form an ascending wedge... We are looking for a probable weakening and short play in the AUSSIE against the USD as investors continue their plight to safety and risk aversion!!!!
Before we look to take any shorts, we will check the US Dollar Index (DXY) for any insight!
Before we look to take any shorts, we will check the US Dollar Index (DXY) for any insight!
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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.