AUDUSD is in the same position as the EUR/USD after a strong reversal provoked the break of important resistance level, pressure from buyers has weakened and reversal of price to the previous levels is expected.
I trade using USDJPY trend line break approach. Only hourly price chart is used for a trend line, the line is drawn through at least two local lows or highs
I trade using USDJPY trend line break approach. Only hourly price chart is used for a trend line, the line is drawn through at least two local lows or highs