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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🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
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💎 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
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。