Looking at staying long with this pair in hopes of a weaker dollar, between 62% and 88% will be my kill zone area.

My red box highlights the mitigation zone and will be looking to see if price reacts from inside the zone off of smaller time frames.

As today is Monday i will not be eager to place a trade unless i see a clear confirmation.

AUDUSDChart PatternsdollarindexDXYFibonacci RetracementfreeforexsignalmajorstradewarTrend AnalysistrumpUSD

Also on:

Disclaimer