AUDUSD : Breakout or Retest of Trendline
Hi Guys,
In 4h AUDUSD chart price is retesting the trendline as of now it looks as breakout but lets wait for candle close by which we can determine breakout or not, Conservative traders can wait for another candle for valid confirmation as RSI is oversold in AUDUSD. There is possibility for current candle being closed as Doji over the trendline.
Hit Likes if you agree...
Thanks for your support..Happy Trading !
In 4h AUDUSD chart price is retesting the trendline as of now it looks as breakout but lets wait for candle close by which we can determine breakout or not, Conservative traders can wait for another candle for valid confirmation as RSI is oversold in AUDUSD. There is possibility for current candle being closed as Doji over the trendline.
Hit Likes if you agree...
Thanks for your support..Happy Trading !
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