Here we have seen AUD recover previous losses as the bulls are waiting to go higher. For me, I would like to see further confirmation past the falling trendline to complete the 3rd and final test.
- Hold for a dip to break through resistance
- Re-enter when price breaks highs and retests
- Jam stops at 50+ or price action permitting
- Scalp using MA strategy to target for additional entries
PLEASE SEE RELATED IDEA FOR PREVIOUS ANALYSIS