FX:AUDUSD   Australian Dollar / U.S. Dollar
This pair is a definitely a Long trade. Looking at the previous time frames with 1 Day and the market is trending up, On June 9th 2020 the market has touched the 0.70374 after a 31st December 2019 and has crossed the resistance level for a 1 Day chart.

As it is trending high the market would touch the next resistance point at 0.73726 before the trend reverse.

Please do an analysis before place the trades and this is just an idea and cannot guarantee any Profits or loss.


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.