Get started
PoisonDaddy

AUDUSD lets see how it goes

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
PoisonDaddy  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis AUDUSD LONG short Technical Analysis
2
1
trendanalysis indicator beyondta audusd long short technicalanalysis
AUDUSD has gone past the downtrend channel and the counter downtrend channel after taking support over 3 times of the monthly support line.

Now I'm looking for it to touch the trend line (0.7485) and maybe see a pull back of course after confirming a sell position (0.7440) and probably retest the counter upper channel.
IF it's end up going past 0.7485 - 0.7490, then next stop will be .755- .756

Also RSI looking overbought (4H).

But I rather stand on the sidelines to see how it plays out.



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.