Fxprotrader

AUDUSD Key level to watch for longs

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Price is testing a downsloping parallel which previously has acted as both support and resistance. I will switch to the lower timeframes and start watching for a setup completion before buying AUDUSD.
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.