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AUDUSD > The Best Place for A Buy Trade!

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Analysis on #AUDUSD

The AUDUSD formed a trend line support and may come to test the trendline support area soon near 0.7200 key support level



>> If the market test my trend line support level and key support zone near 0.7200 big number then I will wait for the market to turn bullish on the lower time frame looking for a reversal pattern, before entering a buying trade with a good risk to reward if the entry rules are met.

⚡we need to be extra careful, markets are not respecting technical analysis due to current world circumstances



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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*

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