AUDUSD Approaching Dynamic Resistance

AUDUSD

Strategy:

Price Action

Tools:
- Channel
- Support and Resistance line


Currently, price is on a bullish state to the dynamic resistance at price level 0.69740. Price might likely drop with high probability to make a lower low.

Sell limit AUDUSD @ 0.69762

SL: 0.69959
TP: 0.69089

NB: **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.