Hi Traders!
AUDUSD has broken its yearly trendline resistance as the bulls have taken over.
Here are the details:
The yearly trendline is now broken. Since the break and close above the 20 EMA, the price action has looked very bullish. Our plan is to buy the market dips by looking for an entry near the trendline resistance and an exit near the mid-year range resistance zone.
Preferred Direction: Buy
Entry Level: 0.66532
Stop Level: 0.65089
Target Level: 0.69418
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
AUDUSD has broken its yearly trendline resistance as the bulls have taken over.
Here are the details:
The yearly trendline is now broken. Since the break and close above the 20 EMA, the price action has looked very bullish. Our plan is to buy the market dips by looking for an entry near the trendline resistance and an exit near the mid-year range resistance zone.
Preferred Direction: Buy
Entry Level: 0.66532
Stop Level: 0.65089
Target Level: 0.69418
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
