AUDUSD Support and Resistance strategy.

9 באוג׳ 2021

Based on dollar still being strong after NFP, so Technically under AU pair I've analyzed and spotted that there's Support and resistance area whereby the prices have retested our previous support and now was resistance. Not only seeing that idea, we also have an Ascending Chanel and as we know that price action mostly give signals through this patterns, since we have a rising/ascending pattern we should expect prices to fall.