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Royal_Trades

AUDUSD - Long Opportunity - 1D Technical Analysis

Pembelian
Dollar Australia / Dollar AS (FX:AUDUSD)  
Royal_Trades  
FX:AUDUSD   Dollar Australia / Dollar AS
Trend Analysis Support and Resistance Trend Lines
3
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trendanalysis supportandresistance trendline
The price is running in a descending channel and is now approaching a strong daily support level at 0.62950, which may lead to a reversal in the trend. The price may drop slightly lower to retest the trendline of the channel. I expect a pullback to retest the resistance level at 0.65090.

NOTE: Do not apply trades blindly. Wait for confirmation and always analyze lower timeframes.
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