AUDUSD is still in the ascending channel.

Dec 5, 2020

Recently, the global market has obvious risk sentiment. The rise in securities indexes and commodity prices, especially the rapid rise in copper prices, has led to the appreciation of commodity currencies. Therefore, fundamentals have helped the Australian dollar to appreciate.

By technical analysis, AUDUSD is still in the ascending channel. It is recommended that when the price falls back to support, buy AUDUSD.

Dec 9, 2020

Note

Pull up "Stop Loss Line" above entry price, maybe 0.7430 - 0.7450 (protection profit to prevent the market from falling into a loss of money.), and the take profit can be adjusted upward to between 0.7500 - 0.7560.

Dec 18, 2020

Trade closed: target reached

Target Reached 0.7600