AUDUSD long opportunity
AUDUSD is going down from past 6 days. It made a high of 0.7205x and has been going down since then. After losing around 100 pips, it's currently trading near 0.7102x range and presenting us with a long opportunity right here. It's trading in a upward channel and currently trading near the bottom of this channel. If the bottom of said channels holds, we'll have a nice long. It's one of the key levels to watch out for.
Order cancelled
Identified a small broken upward channel inside a bigger channel. Lost confidence in this trade and no longer want to proceed. closing at breakeven.
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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.