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Australian Dollar / U.S. Dollar
Short

AUDUSD Approaching Dynamic Resistance

By adegoketaiwom
snapshotAUDUSD

Strategy:

Price Action

Tools:
- Channel
- Support and Resistance line


Currently, price is on a bullish state to the dynamic resistance at price level 0.69740. Price might likely drop with high probability to make a lower low.

Sell limit AUDUSD @ 0.69762

SL: 0.69959
TP: 0.69089

NB: **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Trend Analysis
adegoketaiwom

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