Currency Pair: AUD.USD Time Frame: Weekly, Daily, 4hr & 1hr Predicted Direction: Long
AUD.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comentário
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A descending trendline breakout is underway. Price is required to test 0.7150 ( minimum ) to confirm a clear break.
Looks like your contention is turning out right Tom. AUD $0.72 at time of posting, nice close above $0.729 should bring out the Bulls en masse..?
Well Done.
UnknownUnicorn180388
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@craigemm, I agree, a Candle close ( Weekly timeframe ) will provide a potential long opportunity into next week.
craigemm
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@tomhall, Yep, its gonna happen. I AM in no doubt. Honestly from an Insider... The Australian Economy is looking FABULOUS!
craigemm
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Hi Tom,
Great to see your support and positive conviction on the the AUD
GO AUSTRALIA ! Thanks for the message yesterday also.
Its the place to be!
You may like to check out these amazing local stocks on offer atm at early entry THAT ARE ABSOLUTE GAME CHANGERS in MEGA Billion dollar Industries;
They are tradable but more so serious VALUE propositions for the longer term holder.
Oil and Gas>
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Biotech>
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IT R&D>
4DS (ASX) - New generation Re-Ram Memory switching semi conductor chips backed by Western Digital. Chips have potential to render current digital memory storage obsolete
GREAT things are happening in this Country at the Moment, true Game changers.
Well Done.