Bullish on $AUDUSD

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Bullish on AUD

Most likely we will see Aussies interest rate rising while FED show less interest in rising rates

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Some more description on why I think Aussie might go up

Let's look at FIB on monthly


I notice price bounced off the 0.5fib. I would expect 1.68. I am targetting in between 1 and 1.618.

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Elliot Waves



Has AUD finished a full 1-5 and a-c?

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Ichimoku



It is not exactly bullish. However, has AUD just bounced off the top of the cloud with a wick? If so, then the direction is up.

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I see a potential rise in average volume as well as some green volume above average.

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The idea is for the price to oscillate from green dot to red dot to green dot to red dot endlessly.

AUD already hit the green dot. Is it going for the red dot?