AUDUSD - Jump on at the next support! - New Uptrend
Hi Traders!
The market was moving inside a descending wedge.
Then it broke out with strong Price Action around 9 o'clock.
Now the market will probably make a pullback towards the support at 0.68900.
All of the traders who missed the trade will jump on and the pice will move higher.
Furthermore the sellers will close their profits at this level and the market will move higher.
We recommend to buy at the support at 0.67900 to ride with the trend.
Thanks and good luck :)
The market was moving inside a descending wedge.
Then it broke out with strong Price Action around 9 o'clock.
Now the market will probably make a pullback towards the support at 0.68900.
All of the traders who missed the trade will jump on and the pice will move higher.
Furthermore the sellers will close their profits at this level and the market will move higher.
We recommend to buy at the support at 0.67900 to ride with the trend.
Thanks and good luck :)