AUDUSD - SELL - Scalp
Reason why USD stronger than AUD
Plus return to previous level pattern
Wycoff
1. **Economic Size**:
- The U.S. has a larger and more stable economy than Australia.
2. **Interest Rates**:
- The U.S. often has higher interest rates, attracting more foreign investment.
3. **Safe-Haven Status**:
- The USD is considered a safe haven during global uncertainties, boosting demand.
4. **Economic Diversity**:
- The U.S. has a diverse and technologically advanced economy, making the USD more resilient.
5. **Global Reserve Currency**:
- The USD is the world’s primary reserve currency, leading to higher global demand.
Plus return to previous level pattern
Wycoff
1. **Economic Size**:
- The U.S. has a larger and more stable economy than Australia.
2. **Interest Rates**:
- The U.S. often has higher interest rates, attracting more foreign investment.
3. **Safe-Haven Status**:
- The USD is considered a safe haven during global uncertainties, boosting demand.
4. **Economic Diversity**:
- The U.S. has a diverse and technologically advanced economy, making the USD more resilient.
5. **Global Reserve Currency**:
- The USD is the world’s primary reserve currency, leading to higher global demand.
כתב ויתור
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