AUDUSD APRIL 2024 WEEK 4 OUTLOOK -
Daily - As seen with DXY, AU has pushed beyond S1 and so a pullback or chop is expected. I will look to get involved if we get outsized volume factor on any particular day. will be determined on case by case basis. till then, I will observe and mark up.
Origin - Price opened in value and is currently above POC which is in line with daily bias. if price continue to push up and reaches the between April AVWAP and zone - **0.65346 - 0.65110** I will observe how it starts to react. if sellers step in then I might look to take it down to this week's POC.
Origin - Price opened in value and is currently above POC which is in line with daily bias. if price continue to push up and reaches the between April AVWAP and zone - **0.65346 - 0.65110** I will observe how it starts to react. if sellers step in then I might look to take it down to this week's POC.