AUDUSD made a false breakout of a weekly support level and has been gathering bullish momentum ever since.
We will be looking to buy off higher lows with a buy signal to go long.
However there is a strong resistance level + trend line structure above where we will be looking for sell signals to go short, and to take profit if we are already long.
We will be looking to buy off higher lows with a buy signal to go long.
However there is a strong resistance level + trend line structure above where we will be looking for sell signals to go short, and to take profit if we are already long.