AUDUSD What can happen ?

8 ביולי 2020

The price of this pair tested and respected the trend line yesterday. Today the price tested key level 2 area and it seem to be respecting this level as well. Both actions support the bullish view at this moment. Further more the price is trading is a small triangle formed by powerful levels. Looking for a buy opportunity at a break of the triangle and above the short term trendline with key level 1 being the targeted area.