For quite some time AUDUSD has been travelling in a horizontal channel. It has been bouncing up and down in between the zones marked out above. Price has started making some higher highs, meaning that we could be seeing a rally to the top of the channel. We expect price to come backdown to test the black trend line marked out above before making it's rally up.
WE HAVE BUY LIMIT ORDERS AT OUR ENTRIES MARKED ABOVE, WE WILL KEEP YOU UPDATED ON THE TRADE IF anything happens
WE HAVE BUY LIMIT ORDERS AT OUR ENTRIES MARKED ABOVE, WE WILL KEEP YOU UPDATED ON THE TRADE IF anything happens
Trade closed: stop reached:
SL HIT