JFD_Research

AUDUSD - 240 - Wait for it

Long
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Trade Alert

AUDUSD is trying to push higher. Keep your eyes on the 0.7105 resistance zone. A good pop through that area could invite more buyers and lift the pair towards the downside resistance line drawn from the peak of the 26th of January.

Alternatively, from the short-term perspective, a break below the 0.7054 could pull AUDUSD a bit lower to test the 0.7017 zone, marked by the low of the 26th of October.

Always have your SL in place.
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