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  1. #1
    Specialist Member marvel's Avatar

    AUD/USD Call for one Week, Ready for bullish retracement !!!

    AUD/USD is moving higher after the initial NFP reaction. Great moment to enter into long term call. The way to 0.90 is open now
    AUD/USD Call for one Week, Ready for bullish retracement
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  2. #2
    Specialist Member RCox's Avatar
    A move like this is better to be used for sells, rather than buys. The market's initial reaction is to sell the Dollar but this also means a discouraging macro environment which is not even close to being a positive for the long term outlook in AUD.

  3. #3
    Specialist Member marvel's Avatar
    Quote Originally Posted by RCox View Post
    A move like this is better to be used for sells, rather than buys. The market's initial reaction is to sell the Dollar but this also means a discouraging macro environment which is not even close to being a positive for the long term outlook in AUD.
    Agree with you Richard on long term perspective, but my vision is for short term weekly retracement which will be initiated from now and which could produce some correction of the current oversold levels.

  4. #4
    Specialist Member RCox's Avatar
    Hold on. I responded to your comment here: "Great moment to enter into long term call."

    Now, you are saying this: "my vision is for short term weekly retracement"

    You made these comments about 15 minutes apart.

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