UnknownUnicorn3249870

AUD/USD approaching resistance line just as we predicted

Kort
FX:AUDUSD   Australiensisk dollar/USA-dollar
Let's take a look at AUD/USD at 4H chart. Price has nicely climbed up to give a resistance line another test. This resistance line of symmetrical triangle has been tested two times and both times bulls did not have enough power to break through this line, we predict this time will not be different and price will go down to test the support line of this triangle. Don't forget to wait for price to show us it will bounce back from resistance before entering this trade ! With this trade keep your stop loss little bit wider than usually , price might go outside the triangle for a short period of time and then go back down.

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