Update from the 1H chart. If we zoom out to the 1W chart, we can see that this move up could be even bigger yet. Waiting to see if price can close above resistance on the weekly chart.
If you are watching the 1 Hour chart, price will probably retest the support that has just been broken. Could probably make a little bit on that pull back. I'd wait though.
If you are watching the 1 Hour chart, price will probably retest the support that has just been broken. Could probably make a little bit on that pull back. I'd wait though.
Comment:
I would still wait on this one. Wait for a better confirmation.
Comment:
It doesn't look like this pair AUD is ready to breakout quite yet. This is why you wait for confirmation in situations like this.
