AUDUSD currently within a large rising channel & going long
Since its last low at 0.70570, it has risen to 0.71680 and currently performing a correction before going higher.
At its current "drop" from 0.71680, it has reached an approximate price of 0.71000 and is moving within a "downward sloping flag" which means it will bounce back higher.
Downtrend + Downward sloping flag = Reversal
Look for an entry to ride the big rising channel.
At its current "drop" from 0.71680, it has reached an approximate price of 0.71000 and is moving within a "downward sloping flag" which means it will bounce back higher.
Downtrend + Downward sloping flag = Reversal
Look for an entry to ride the big rising channel.
Transaction en cours
As previously mentioned, it has finally bounced back higher and out of the "downward sloping flag".
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.