Get started
bishopblue

WILL THIS FINALLY BREAK LOOSE ON CHANNEL? LONG

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
bishopblue  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Parallel Channel Trend Analysis Chart Patterns
1
1
parallelchannel trendanalysis chartpattern
Bullish Divergence
Once MA50 and upper trendline has been broken, it is possible to re-test the resistance on 0.74400 - 0.74500 level.
Failure to break the MA50 and the upper trendline of the channel, we will see this retrace to the trough of the channel.

Related Ideas

bishopblue
MIGHT RETEST THE MULTI-YEAR SUPPORT @0.68270 - SHORT
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.