AUDUSD, its been on a long since March 2020, on a monthly timeframe, we have a confirmation on H4 and higher that Audusd will continue at least another 270 pips until the next resistance at around 0.8056. Nothing is guarantee, but all we can look is at past resistance and make your own observation.
Trade closed: stop reached:
So AUDUSD last price almost hit resistance and I thought I will continue to hit resistance but was also a late entry for a buy. Right now she is ranging. and we need to wait if she is going to Sell on a monthly confirmation.