fxplan

AUDUSD: test the trendline

AUDUSD: test the trendline resistance (around 0.7335) ,  and has edged lower to currently trade at 0.7308

A break of trendline resistance (at 0.7335 (Dec 1 high)) could target the ema200 (0.7500) ,  breaks below Support 0.7260 (ema100) could see 0.7170

Strategy :
Plan: sell below 0.7330
Target: 0.7170, Stop loss: 0.7400
Trend: up
audusd