AUDUSD: Top-Down Analysis & Potential Pullback Trade 🇦🇺🇺🇸
AUDUSD dropped to key weekly structure support.
0.697 - 0.702 is the zone from where I will look for a pullback trade.
To buy with a confirmation, wait for a bullish breakout of a falling parallel channel on intraday time frames.
Goals will be 0.7165 / 0.7265
In case of a bearish breakout of the blue zone, the setup will be invalid.
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Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.