AUDUSD TRADE IDEA
expect the price to completely settle on the baseline of the trend at 0.71620 before reversing towards first
major resistance at 0.72200, here I expect a break to 0.72500 with a slight pullback towards the resistance area.
from there the price may consolidate a bit before shooting for the upper trend line 0.73400.
ENTRY: 0.71650
TP: 0.72700
SL: 0.71350
major resistance at 0.72200, here I expect a break to 0.72500 with a slight pullback towards the resistance area.
from there the price may consolidate a bit before shooting for the upper trend line 0.73400.
ENTRY: 0.71650
TP: 0.72700
SL: 0.71350
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.