AUDUSD 30min Analysis January 18th, 2021
Price is still in a strong downtrend but is at our demand zone and supporting trend line. For us to go long we want to see price break out of the descending channel and above .7680. We will then wait for a retrace and a clear HL to form. Enter on strong bullish setups.
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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.