One of the currency pairs that I’ll be monitoring today is the AUDUSD. I like it because of two reasons:
- on the long term charts it is clearly trading between consistent support and resistance levels
- and on the short term charts, it just broke through the top of the range
I have my next LT resistance level at 1.0750
Good luck on the week ahead!
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 .