AUDUSD Headed Down Under

Whats up Traders

You can draw this a lot of ways, with a little of shapes. . . but

Bottom Line - US Dollar is on the rise . GeoPolitical Reasons primarily.

Pre Economic Slow Down and Pandemic, the Aussie Dollar was being gutted.
Post Economic Slow Down and Pandemic, I expect it will continue.

Target the high .40's This is one of those Asymetric risk opportunities in my opinion, so swing for the fences.

Good Luck

-Nixx

Trade attivo:

This has proceeded well so far. . . i expect this to continue.