AUDUSD is going down from past 6 days. It made a high of 0.7205x and has been going down since then. After losing around 100 pips, it's currently trading near 0.7102x range and presenting us with a long opportunity right here. It's trading in a upward channel and currently trading near the bottom of this channel. If the bottom of said channels holds, we'll have a nice long. It's one of the key levels to watch out for.
Order cancelled:
Identified a small broken upward channel inside a bigger channel. Lost confidence in this trade and no longer want to proceed. closing at breakeven.