AUD/USD LONG OPPORTUNITY, PARALLEL CHANNEL

Price Action (Technical Analysis): Dropping into the Daily Time frame we get a closer look at the Parallel Channel the Aussie/Dollar has been moving in. Price met a level where buy orders are storming in, giving us a heads up that bulls may gain confidence and push price above. Candle Stick Confirmation is required before entering.

Fundamental Analysis: None.

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UPDATE: SORRY I WAS IN A RUSH WHEN I PUBLISHED THIS IDEA. LONG BIAS FOR THE AUSSIE/DOLLAR