I will look for long opportunities on the AUDUSD

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

With the AUDUSD  in a clear bullish market condition, only long opportunities will be in play.

I have my next LT resistance level at 1.0750

Good luck on the week ahead!

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 .