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hassanejaz1

AUDUSD in ascending channel

Long
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
hassanejaz1 Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Technical Indicators Parallel Channel
7
2
trendanalysis indicator parallelchannel
AUDUSD is currently within an ascending channel, displaying a bullish divergence on the 1-hour time frame as it transitions from a higher high (HH) to form a new higher low (HL). Anticipating a breakout to the upside based on the present analysis, a trade recommendation is provided with the expectation of establishing a new higher high (HH).
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