AUDUSD is currently in consolidation and showing some bullish characteristics. It will be interesting to see if we can get price to trade below 0.6702 for a potential long to and 0.6763. In the event, we trade to 0.6763 before breaking the 0.6702 low, the trade is not valid.
If we trade below 0.6702 we shouldn't see the range low taken out and if it is then the trade at that point will be null.
If we trade below 0.6702 we shouldn't see the range low taken out and if it is then the trade at that point will be null.
Trade closed manually
They are going for the range low.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.