Ace Trading Academy - AUDUSD Analysis Current Trading Plan 1H

AUDUSD has pushed up from the support line I have drawn and said in my last post. Currently AUDUSD is making higher highs and higher lows so be watching for that pattern. AUDUSD is currently inside of a channel. Trade inside off this channel until you see a break of it. Expect it to touch the top of this channel then push down off of it. Once theres a break be expecting a retest of the channel then for it to continue in the direction it was going when it broke.

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Will be following AUDUSD all week with up to date analysis!