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UnknownUnicorn2396129

AUDUSD Descending Channel Broken...

Long
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
UnknownUnicorn2396129  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Support and Resistance Parallel Channel AUDUSD audusdlong audusdforecast audusdsignal audusddaily audusdanalysis audusdbullish audusd4hr audusdbuy
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trendanalysis supportandresistance parallelchannel audusd audusdlong audusdforecast audusdsignal audusddaily audusdanalysis audusdbullish audusd4hr audusdbuy
AUDUSD has been travelling in a descending channel, however it has broken out to the upside. Another few confirmations of a long trade was the Higher High made and the major support zone price just tested and bounced from which caused it to breakout of the channel. Price will now come down to retest the channel, and then make its way up to 0.70100 region.
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