Kieron_trader
Long

AUDUSD 1D LONG TERM BUY UNTILL CTL IS BROKEN!!

FX:AUDUSD   Australian Dollar / U.S. Dollar
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AUDUSD is showing major rejection at ~ 0.7160 levels following this level being rejected I can conclue that there is a potential buy back up to the top of the channel which would hit the monthly resistance level at ~ 0.8030.

That is the potential target however I am more than happy for 0.7690 to be hit however if we break through that level I will consider moving stop loss to close in on profit.

AUDUSD is Bullish until we get a daily candlestick close below 0.7160 as this would create a lower low and would also breach our demand zone .
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