Break at AUDUSD
Since the beginning of the month we have seen an increase in AUDUSD.
There was a break in the uptrend this week.
There is still no break of the previous bottom, but if we now see a decline below 0.7720, we can expect a downtrend.
The initial target down will be 0.7607!
Entry can be made only after a definite break of the previous bottom, as well as in a test after the break!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
There was a break in the uptrend this week.
There is still no break of the previous bottom, but if we now see a decline below 0.7720, we can expect a downtrend.
The initial target down will be 0.7607!
Entry can be made only after a definite break of the previous bottom, as well as in a test after the break!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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