AUDUSD outlook

The pullback has started, it's actually retracing back to demand the box level it's based on the reaction that we will know if it will continue upward or break downward

I will be observing how price will move

Price is still dropping to that box level

I'm still watching price

AUD is currently finding strength towards 0.70612 level

Price traded higher with the help of NFP release

It shows that the dollar is very very weak compared to the aud right now

Price is retracing after the news

Price bought to sell again, which means dxy can still see little strength before the week ends

Price bought to sell again, which means dxy can still see little strength before the week ends

Price bought to sell again, which means dxy can still see little strength before the week ends

AUDUSD is giving bullish narrative. price is currently retracing into discount. I am yet to see how price will react at that demand using that previous low as liquidity

I'm sticking to a bearish narrative at the moment. Not trusting its buys until next week.
Just waiting for a break and retest entry at 0.7056 with SL at 0.7066 and TP at 0.7041

This is likely to happen

Yeah. But if it doesn't break below that 0.7056, then It'll push up to 0.7070 before driving for the full sell.

Yeah. But if it doesn't break below that 0.7056, then It'll push up to 0.7070 before driving for the full sell.

Sorry the last chart was wrong.

AUDUSD has changed to buys too

Price broke below it and still traded highest which means the direction has changed

Yeah. AUDUSD changed direction. It was even clearer than EURUSD, with good entry at 0.7056 and SL at 0.7044. I left trades that would have given me profits and focused on the ones that are dragging me.

Life of a trader. You always have to choose which pair to trade