AUDUSD has recently broke a downtrend line and is currently looking to break through a major resistance line. Looking for upside move to about .69 with stops around .6740. If stopped out price could continue its down trend and make a new low under .67. Entries could be either at the break of resistance or wait for the next pullback.
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.