AUDUSD - Long term rising channel reaching critical top
AUDUSD W1 analysis
AUDUSD has been in a longterm slow moving uptrend confined within the ascending channel. Price is now reaching a critical highpoint at the channel top. Look for Price Action to present itself at the high of the channel for a chance to enter short with a long term target of the channel bottom and confluence with support at 0.776.
AUDUSD has been in a longterm slow moving uptrend confined within the ascending channel. Price is now reaching a critical highpoint at the channel top. Look for Price Action to present itself at the high of the channel for a chance to enter short with a long term target of the channel bottom and confluence with support at 0.776.