AUDUSD has more room to the upside so I will be looking to join the bulls once the pair ends the bearish correction near the upward trend line that we can spot on the H4 chart. Here is my plan to join.
AUDUSD Technical Analysis:
H4 – bullish trend line
BUY Entry:
Wait for the price to come test the up trend line and look for bullish candle pattern on the H1 chart preferably with bullish divergence.
Targets:
First target 0.7650, this is where you should move your stop loss to break even. Second target 0.7800.
