Signal Analysis
Currency Pair : AUDUSD
BUY
Daily Chart timeframe confluences:
-Price is moving within an ascending channel and its heading toward an ascending trend line
-Price has the potential to reverse higher towards the top of the channel
-78.6% Fib level Retracement
we will be waiting for a reversal sign at the ascending trend line and will move to a lower timeframe to look for a retest and a bullish setup at 0.7250 level
Currency Pair : AUDUSD
BUY
Daily Chart timeframe confluences:
-Price is moving within an ascending channel and its heading toward an ascending trend line
-Price has the potential to reverse higher towards the top of the channel
-78.6% Fib level Retracement
we will be waiting for a reversal sign at the ascending trend line and will move to a lower timeframe to look for a retest and a bullish setup at 0.7250 level