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Audusdforecast

AUDUSD-Hello Traders, hope you all are progressing and improving everyday so am I, here is quick look on #audusd the pair has been bullish ever since we had NFPs and CPI data, however, as we are expecting DXY to be bullish, in our opinion there is higher probability of dxy to be bullish in coming days and hey, trading is all about proability and knowledge right?. So let's use this setup to book some profit. -What you all think about this pair? -It would be really appreciated if you can show the support by liking the idea and following us!!!
Short
by Setupsfx_
20
AUDUSD Trading Plan - 12/Jan/2023Hello Traders, Hope you all are doing good!! I expect AUDUSD to go Down after finishing the current wave. Here, we are expecting a bigger correction as of now & if we get that, then the updated idea will be shared for the next potential trade. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by For3xScalper
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD - Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS. Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will most likely be temporary. Therefore, STOCKS and COMMODITIES MARKETS are going down quite a bit. It is heavily influenced by the Australian dollar. And AUSTRALIA INFLATION DATA was very POSITIVE. Due to this, the RBA made a RATE HIKE. - It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can rise up to the 0.7150 level. After that, if the MARKET RISK OFF, AUDUSD can SELL to the AUDUSD 0.6780 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start to fall further. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF.
by benny_marshall
AudUsd could rise above 0.7As I said 2 days ago, AudUsd is consolidating in a range and there is a high chance of a break above resistance. On Monday the pair indeed has broken above this horizontal level and yesterday corrected and confirmed this level as support. The structure is very constructive and up continuation is probable. The technical target for the next leg up is 0.7150, with a close eye from bulls at 0.7 psychological level. I remain bullish as long as support holds
Long
by Mihai_Iacob
3