AUDUSD: Strong Resistance Ahead!!!

By VasilyTrader
snapshot

AUDUSD is very close to a strong daily supply area.
this area is based on a broken support line of a major rising channel and the last horizontal higher low level.

bearish reaction from that zone will be expected.
I am planning my entry on 1h/4h charts and will wait for a confirmation before entering the trade.

goal for sellers 0.705

good luck!
audAUDUSDaustraliandollarChart PatternsForexTechnical AnalysistradingTrend AnalysisUSDDJ FXCM IndexUSD (US Dollar)Wave Analysis
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