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

AUDUSD Analysis, forex

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 .