Charts247TradingAcademy

AUDUSD BUY END OF DOWN CYCLE.

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Price has completed the DownCycle after a Violation of the Downtrend on Tuesday.
We are Long the AUDUSD from 0.6706 using PA as confirmation, other key tools agreed with PA too.
Low Risk SL: 0.6698
A break above 0.67777 will confirm a new trend and we should buy the dips only.
Enjoy!
Trade active:
Long entry @ 0.6706

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.