Chart of the Day $AUDUSD

/ Chart of the Day / By Alex

On the AUDUSD daily chart, we can see that the pair is trying to break the upside resistance zone 0.7250-0.7300. A daily close above this zone is required for an upside continuation into the 0.7450 level. Only the daily close below the 0.7150 level could invalidate the upside swing.

Note: Look for the long trade entries with the stop loss below the 0.7200 level.

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