AUDUSD long opportunity

FX:AUDUSD   Australian Dollar / U.S. Dollar
Price on Daily TF is moving in long-term uptrend channel .
Evidently it has touched the lower boundary 3 times since 2016.
Price is now under down pressure in falling wedge pattern and we might expect it to stop at 0.7620-30, then swift reversal from the long-term uptrend support.
Suggesting long at 0.7630-50 area with SL on daily close below 0.76 and TP 0.7880.


AUDUSD is attempting to break out of the wedge. Hit tough resistance. Level to look at is 0.7740.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out