AUDUSD outlook

Yes exactly 💯

That's why it's most relevant in trading price

AUDUSD- CPI came out and proved me otherwise. I realized i didn't carefully analyze this pair, because the pattern had played out already, before i marked it out, that's why CPI data was released, price blasted through the shoulders level i was expecting it to reverse from.

AUDUSD- Trade Projection
Bias: Bullish

On the weekly. Price is bullish, trading within the upper and lower boundaries of a bullish ascending Channel.

After breakout from the 0.6907-0.6867 Major Resistance zone to the upside, price retraced back to it and made a rebound twice, forming double bottoms at the previous resistance zone now turn suppport.

AUDUSD- On the daily, price has closed outside of the daily bearish channel. Although it's unclear yet whether price has invalidated the trendline completely, or just adjusting the touch to get comfortable and reject back in to decline briefly downwards.

Whenever technicals give me mixed signals and all are not pointing at the same bias, i often avoid that pair, until all my technicals align.

On AUDUSD, where price is currently at, my bias is neutral on the Mid timeframe. I'll wait till it aligns bullish with the higher timeframe before taking action on it.

AUDUSD- I have this Long Bias I'll be waiting for it next week.

Only Pairs that has USD as quote are experiencing Buys, the Ones that have USD as base like USDCAD are bearish.

Check out for what price is doing now.

I usually wait for market to resume on Mondays before starting any analysis because weekend gaps can change the trend once market resumes

Yeah because CPI made USD weak

AUDUSD-I'll still wait for it. Price can still come back within the week. Only thing is, I may be looking for sells by then.
I saw the possibility of price buying from the flip zone. I wasn't just comfortable buying from there.

Exactly 💯

For price to come to that your zone, that means sellers will have to be fully involved