ForexWiseWay

AUDUSD at bottom of rising channel, time to buy.

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
The trend is definitely up, and the recent consolidation since January had put the price at bottom of a rising channel. I believe it is a good long at current level. Stop if break down outside the channel.
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.