AUDUSD Analysis: Support and Resistance Trade

- Trade Strategy: Support and Resistance
- Key Levels: Resistance at 0.6624, Support at 0.6482
- Profit Potential: 142 pips

Analysis:

- Importance: Emphasizes the need to accurately assess profit potential

Trade Plan:

- Long Opportunity: Look for buy entries near Support (0.6482)
- Short Opportunity: Consider shorting near Resistance (0.6624)
- Risk Management: Implement effective risk management techniques

Share Your Thoughts:
How do you plan to utilize the support and resistance levels in AUDUSD? Share your insights below!

📈 Remember to trade responsibly and prioritize risk management in your strategy!