FahimLatif

AUDUSD respecting downtrend structure

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AU is currently sitting on a major weekly support plus it's respecting our downtrend structure (bounced in the lower trendline). Stochastics are signaling a nice buy very soon towards 0.7050, our next S/R level
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.