- Trade Strategy: Support and Resistance - Key Levels: Resistance at 0.6624, Support at 0.6482 - Profit Potential: 142 pips
Analysis:
- Importance: Emphasizes the need to accurately assess profit potential
Trade Plan:
- Long Opportunity: Look for buy entries near Support (0.6482) - Short Opportunity: Consider shorting near Resistance (0.6624) - Risk Management: Implement effective risk management techniques
Share Your Thoughts: How do you plan to utilize the support and resistance levels in AUDUSD? Share your insights below!
📈 Remember to trade responsibly and prioritize risk management in your strategy!