AUS / USD BUYS Looking for a 4h close above the blue line above structure or a pull back and rejection with a 4h close to look for buys
Ausdusdlong
AUDUSD BUYING ZONE !!!HELLO TRADERS !!!
As we can see this pair is holding weekly support and moving to north and we are looking for buying opportunity for this pair now it have to retrace with DXY move to the downside till the buying zone so we are looking for these design levels so we will trade on this pair with a low risk and higher rewards its just a trade idea share ur thoughts on this pair with us & stay tuned for new entries
AudusdAudusd Break of structure after 4 months AU could be fly 0.67 to 0.70 for 300 Pips
What is your idea please comment
AUDUSD - Bullish BiasAUD - BULLISH
1️⃣ Sentiment for the US Dollar cooled on expectations that incoming Biden administration would ramp up US distribution of coronavirus vaccines and spend big on more stimulus, which will contribute to a global economic recovery and increased demand for commodities.
2️⃣ The job vacancies in the Australia surged 23.4% to hit an all-time high in the November quarter as the economy continues its post-covid recovery.
USD - BEARISH
1️⃣ Two Fed officials eased speculation that asset purchases could be tapered soon.
2️⃣ US 10-year Treasury yields fell to 1.11% on Wednesday, snapping a seven-day streak of rises, as the Treasury Department's $38 billion sale of benchmark 10-year notes saw strong demand from traders covering short positions.
3️⃣ Investors moved away from the US Dollar as weak jobs data weakened investor sentiment.
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Technical
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We are looking to buy the AUDUSD RBS + above SMA 50 on the H1 chart.
