AUD setting up for a mid-term LONG.
1. DXY is melting as stocks climb.
2. AUD has a seasonal and COT Bullish pattern which is aligned with Risk-Off wave.
3. Price action has been bullish, but displacement is yet to happen.
4. Technicals indicate that it can dip to current week open to do a stop hunt of price action, and then run to highs.
5. Bullish Orderblock is expected to play out.
1. DXY is melting as stocks climb.
2. AUD has a seasonal and COT Bullish pattern which is aligned with Risk-Off wave.
3. Price action has been bullish, but displacement is yet to happen.
4. Technicals indicate that it can dip to current week open to do a stop hunt of price action, and then run to highs.
5. Bullish Orderblock is expected to play out.
ASG
Humility & Discipline.
Humility & Discipline.