Potential Long Opportunity for AUDUSD

23 Nis 2020

The pair is still currently ranging between the two supply and demand zone i have identified. Therefore, my strategy for this pair will be to open short term trades. In this case, i see a breakout of the short term trendline. Furthermore, it is currently in a pullback and consolidation (probably to get more momentum before pushing to the upside). Therefore, i will open a long position to take advantage of a short-term bullish momentum for the pair