AUDUSD - Where next?
Updated
As we can see from this 1D chart, AUDUSD is sitting at this key downtrend resistance level. I would like to wait for either a break of this resistance level to buy or a reverse of this resistance and sell to aim for our first target level of 0.7600. If we meet 0.7600 we could either see a bounce back up or a break and see the price decline more.
I am just a learning trader sharing my own thoughts.
I am just a learning trader sharing my own thoughts.
Comment
It is looking very good so far.
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.