AUDUSD – Condition changed

A few days back I wrote about the AUDUSD and its bearish market condition, It was in a bearish market condition but it retraced back and entered again in to the ST range, that’s the reason we always need to take into consideration the ST range.

Now the market condition of the AUDUSD has changed, it broke through an important ST resistance level triggering a bullish market condition. As long as it trades above 0.9970 I will be looking for long opportunities:

The next LT resistance level is at 1.0178

Trade Safe!

Raul Lopez
Forex Training

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Raul Lopez

I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .