Fxprotrader

AUDUSD: Key Support Level to Watch for Longs

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Previous structure and the sliding parallel of the upsloping pitchfork consist a key support level to watch for a buy setp. Price is retracing towards the level and we better keep a closer eye for a buy setup completion. In such case sl and tp should be placed as shown in the chart.
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.