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AUD/USD Potential Upward Movement

AUD/USD Long-Term Trend: Bullish

Key Resistance Levels: 0.7202, 0.7259, 0.7313

Key Support Levels: 0.7131, 0.7095, 0.7050

Daily Chart:

The price on the higher time frame has been in an uptrend recently after ir broke a resistance level of 0.6663 It has now found support at the 0.6896 level and bouncing back after testing that level which shows bullish bias.

AUD/USD Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a resistance level of 0.7095 after bouncing back from a support level of 0.7050. As of now it has broken and retested a minor level of 0.7131 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 0.7159

TP @ 0.7195

Stop Loss @ 0.7123

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. Sir I am still holding the pending order should I delete the order?

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