Since early June the AUDUSD has held strong support of .6840, which is also the upward trend line support. At this point, I have lowered my expectation of a dip to .6700, even though this would be nice. But the AUDUSD, is making a clear path, especially on the monthly chart for a potential test of .7200. With Monday and Tuesday being the end of the month, we are looking for volatility favoring the upside. However, a Daily close below .6840, would suggest a test of .6700.
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Happy Trading! Dr. Lydia Smith Where we teach you what you need to know to be a profitable trader.
although too many indicators but i agree on long position too
great profile pic too :D