As you know, I've been bullish AudUsd and called for a rise to 0.69 zone resistance.
The target was reached at the end of the year and the pair started to correct immediately after.
Although AudUsd started the year badly, the trend started in November remains strongly bullish and this correction could represent the opportunity for bulls to enter at a better price.
Looking at the posted chart we can see that the recent correction brought the price down to a very interesting confluence of supports, given by the retesting of the falling broken trend line, a drop to the ascending trend line, and the horizontal support.
As long as Friday's low is intact, I'm looking to buy dips.
The target was reached at the end of the year and the pair started to correct immediately after.
Although AudUsd started the year badly, the trend started in November remains strongly bullish and this correction could represent the opportunity for bulls to enter at a better price.
Looking at the posted chart we can see that the recent correction brought the price down to a very interesting confluence of supports, given by the retesting of the falling broken trend line, a drop to the ascending trend line, and the horizontal support.
As long as Friday's low is intact, I'm looking to buy dips.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.