AUD/USD longs

2017년 6월 5일

Looking at the AUD/USD daily timeframe we can see that a lot of bulls have entered the market with the 2 bullish daily candles which was then rejected by daily resistance at 0.75000. Price will either battle around daily resistance then drop down towards monthly support at 0.74000 or we will see another bull candle, a break then a re test before going long up to 0.77500.

thanks