AUDUSD forex cross pair is rallying strongly and created a longer-term new weekly demand imbalance around 0.65 price area. There is a clear uptrend, so if you are a shorter-term or even a longer-term trader, only longs are possible on the AUDUSD forex cross pair.
You can use this longer-term trading analysis for AUDUSD to plan your trades as an intraday Forex trader. As a swing Forex trader, you can use this longer-term supply and demand analysis to plan trades you can hold for a longer period. By doing so, you will increase your profits. Do not think in pip terms. Think of percentages.
Watch AUDUSD technical analysis and supply and demand forecast below
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