Audusd Continue Up
Hello everyone, we can see that AUDUSD was in a downtrend last week and is currently standing at the daily support. On the H4 chart, it has attempted a breakthrough and then retraced to test the price we desire at 0.66665. So, it's a viable entry for this trade. The stop-loss can be set at 0.66437.
Trade active
Take profit will be triggered when we patiently await the H4 engulfing pattern at daily resistant , allowing the trend to unfold organically.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.