AUDUSD in an uptrending price channel. The price is forming a local reversal pattern relative to the 0.6979 level, but I assume it could be a correction to the support zone.
On the chart I have marked a support zone relative to the upward price channel, which is where I expect an upward reversal.
I assume that the price on the pullback may make a false break of the support of the price channel and continue its upward trend. The short-term target is resistance at 0.70354.
Regards R.Linda!
On the chart I have marked a support zone relative to the upward price channel, which is where I expect an upward reversal.
I assume that the price on the pullback may make a false break of the support of the price channel and continue its upward trend. The short-term target is resistance at 0.70354.
Regards R.Linda!
๐นTRADING is a CASINO๐!?
NOโผ๏ธ
Youโ๏ธCAN and โ๏ธSHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING๐ต!
๐ขFree Telegram Channel:
t.me/RLindaTrade
๐ดContact:
t.me/RLindaSignals
๐งฟWeb: rlinda.com
NOโผ๏ธ
Youโ๏ธCAN and โ๏ธSHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING๐ต!
๐ขFree Telegram Channel:
t.me/RLindaTrade
๐ดContact:
t.me/RLindaSignals
๐งฟWeb: rlinda.com