SIMPLE MARKET STRUCTURE OUTLOOK
AUDUSD is currently nearing a LARGE Quarter Point while simultaneously in a Daily Resistance Zone. While this could mean a possible reversal, I see it as an area of retracement before possibly breaking the resistance zone, QP, and continuing to go long. Patience is key, see my idea on DXY
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.