OANDA:AUDUSD   Australian Dollar / U.S. Dollar
This week I see AUDUSD rising at least to the upper side of the daily channel.

We had a nice stong bounce and momentium seems to be on our side. We also had divergence on the last leg down to confirm the weakness in the bears.

My idea will be invalidated if price breaks below the weekly support and continues lower


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.