SonicDeejay

AUDUSD (The Swingback is in the making)

Long
OANDA:AUDUSD   Australischer Dollar/U.S. Dollar

View On AUDUSD (17 Aug 2023)

AUDUSD is in
* Downtrend in short term (Intraweek)
* Downtrend in Mid term (Intramonth)
* Downtrend in Long term (Last 3 months)

AUDUSD is in the strong down trend lately but I feel that the sell down was way overdone.
So, I am expecting some sort of rebound at least toward the nearest resistant.

0.6455 shall on sight and we still need to be careful as the overall trend is down.


DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!

Legal Risk Disclosure:
Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.