Broken the trend-line. Perfect entry position as it retraced back up.
AUDUSD has been ranging between 0.78270 to 0.71062. We have to wait and see. If there is a break-out to the top side than the price could go up to 0.8200.
If it breaks the trend-line, than there is an inverse in the trend. The stop loss becomes a new opportunity of going bulls. (Breakout strategy). The trend is your friend until it bends