AUDUSD continues to show a strong bullish run as shown in the mini-ascending channel that we have. On the flip side, we can already spot a bearish divergence in the 1hr TF so as a seller, we should anticipate a downtrend soon. I am looking to buy somewhere between 0.73 to 0.734 but have my stop at 0.735. Do your own research for key levels.
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.