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Lingrid | AUDUSD Bullish Continuation Potential

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The price perfectly fulfilled my previous idea. AUDUSD is consolidating inside an upward channel after rejecting resistance near 0.6600. The structure shows a corrective pullback into the 0.6515–0.6520 zone while holding above the rising support trendline. If buyers defend this zone, price could extend back toward 0.6560. Momentum remains bullish as long as the higher-low structure is respected.

📉 Key Levels
  • Buy trigger: Rebound from 0.6520 support
  • Buy zone: 0.6515–0.6520
  • Target: 0.6560
  • Invalidation: Break below 0.6482

💡 Risks
  • A breakdown below 0.6482 would signal bearish reversal against the channel.
  • USD macro data surprises may trigger volatility against the bias.
  • Global risk sentiment shifts could weaken AUD momentum.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
İşlem aktif
+45 pips - DONE< good entry

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.