FX:AUDUSD   Australian Dollar / U.S. Dollar
the pair broke the descending trend line drawn from jan 2018 on Nov 2018 and it bounced after retesting it.
from the economic perspective, if US and China reached a trade agreement soon the pair will gather more positive momentum targeting 0.7240 then 0.7390.
SL should be placed under 0.7000
good luck
Trade closed: target reached:
Target 1 reached

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.