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 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 that you can hold for a longer period of time. By doing so, you will increase your profits. Do not think in pip terms, think of percentage.
Watch AUDUSD technical analysis and supply and demand forecast below
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