Time to accumulate and continue the uptrend

昨天

🔔🔔🔔AUD/USD news:

➡️ The Australian dollar continued to strengthen following the ceasefire between Israel and Iran.

➡️ Australia's monthly Consumer Price Index rose by 2.1% year-over-year in May, falling short of the expected 2.3% increase and down from the previous 2.4% reading.

➡️ Meanwhile, Fed Chair Jerome Powell expressed support for delaying interest rate cuts, potentially until sometime in the fourth quarter, which could help limit further downside pressure on the U.S. dollar.

Personal opinion:
➡️ AUD/USD's bullish momentum is still maintained in the short term due to the weakening USD. Today's target will be 0.6550

➡️ Analysis based on support resistance levels and EMA combined with Pivot point to come up with a suitable strategy

Personal plan:
🔆 Price Zone Setup:

👉 Buy AUD/USD 0.6485 - 0.6495
❌ SL: 0.6460 | ✅TP: 0.6545

FM wishes you a successful trading day 💰💰💰

12 小時前

交易進行

personal plan:
Hit + 42 pips from Buy 0.6485
setup successful