AUDUSD started a bullish move to the upside after it impulsively broke my bearish trend line; it rallied and also broke structure at 0.73429, where its currently in a consolidation box. I expect it to push farther to the upside after a retest of the structure it had broken at 0.73429 to probably 0.74100 which is also my target for today. I would prefer a reduced risk entry for this setup after retest and confirmation.
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.