AUDUSD broke and closed above a resistance line of a major falling parallel channel on a daily.
With a consequent retest and positive bullish reaction, it looks like a bullish continuation will continue.
Here are the key levels to watch on AUDUSD:
Resistance 1:
0.74 - 0.743 supply area
Resistance 2:
0.759 - 0.762 supply area
Closest support - broken resistance of the channel.
If you missed a long opportunity,
consider the occasional retest of the broken channel.
For a pullback trade, let the price reach resistance 1 first.
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
์ฝ๋ฉํธ:
Watch my new video on GBPUSD:
โ
Join My Telegram Channel: t.me/VasilyTrading
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ