AUD/USD has been trending higher on a daily perspective.
We are looking to enter this market long on a pullback to a relevant support area around 0.6840.
We would expect a retest of the Dec 31/2019 swing high of 0.70319 and so have placed our first target at this level.
As per usual, we would wait to see confirmation of trend resumption at this key level to initiate our long position on the 4 HR timeframe.
We are looking to enter this market long on a pullback to a relevant support area around 0.6840.
We would expect a retest of the Dec 31/2019 swing high of 0.70319 and so have placed our first target at this level.
As per usual, we would wait to see confirmation of trend resumption at this key level to initiate our long position on the 4 HR timeframe.