Seeing a compressed on AUDUSD. It has been relatively structured on the way up, pausing at 0.74 before extending higher.
Will be watching the break either side. We've not been above 0.756 for nearly a year so top side trade would need to take that into account, with possible vol increase around that zone which you wouldn't want to get trapped in.
Will be watching the break either side. We've not been above 0.756 for nearly a year so top side trade would need to take that into account, with possible vol increase around that zone which you wouldn't want to get trapped in.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.