14 Apr '21: AUDUSD Entry (1H: 1/2)

Expecting a pump over the monthly resistance as we transition from the second half of April into May. Retest possible. Retest also not guaranteed. Precise entry levels identified by combination of weekly support/trend coupled with Fib. levels of current 4H, 1H swings. Not unlike JPYUSD & GBPUSD, bullish run expected to continue, but will be looking for one more touch of the trend line before go time. Hoping to see this one run nicely starting next week. Will zoom out and identify targets on chart 2/2.

Resistance levels are marked in BLUE, right-justified, w/relevant dates.

Ordre annulé:

In the time it took to review the chart for target(s), price pumped beyond the monthly resistance and appears to be running.

This one should have been entered about the same time as the JPYUSD & GBPUSD charts already posted. I may reassess & look for an entry around the 1.27 or the monthly resistance(+/-). Reset.