Will AUDUSD retrace before going up?

I will be waiting for a good opportunity to take long position at around 0.740000.
USD continuing its bearish trend.
COVID 19 Cases and RBA cash rate possible to remain same leaving AUD value unaffected.
Based on USD weakness, I am in bullsih bias of AUDUSD.

Once price reaches my buy area, I will be watching price action on LTF to take buy entry.

Komentarz:

Well playing out so far. Waiting for Price to reach our AOI.

Komentarz:

USD gaining Strength because of Mr President comments about plan to control delta variant.
I am still in bullish bias of AUDUSD as there is not much economical figures improvement in US.

Anulowano zlecenie:

USD gaining strength as Fed laying out asset purchase plan. I will be cancelling this idea for now and watch the USD direction closely.