848evo
Long

[TRADE SETUP] AUDUSD Pullback Heavy Resistance

FX:AUDUSD   Australian Dollar/U.S. Dollar
40 0 1
It looks like AUDUSD             had broken out of the flag pattern from my previous analysis and gone up a bit just to come back down to retest the rising TL. It is currently experiencing a lot of resistance with the 50 SMA , rising TL, and near lower channel. As long as PA doesn't break 0.7545 I still expect a bullish move. If PA breaks that support level , then we will wait and see which direction of the channel PA breaks out of.

Thanks for viewing my analysis! Please hit the LIKE button if you agree and FOLLOW me for more analysis!
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out