AUDUSD offers a very interesting long setup here, good risk/reward and probability in the daily timeframe.Overall, it should act as a proxy for global growth, and it's a good currency trade to ride waves of risk on/off sentiment in equities.
Best of luck,
Ivan Labrie.
Trade closed manually
We might see a continued dollar rally, this isn't looking good at all for emerging markets.Note
Missed the buy back opportunity here sadly, but I did buy GDX the day DXY topped.
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linktr.ee/ivanlabrie
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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.