AUDUSD BUYING Trade Setup H1

At the moment, AUD/USD is trading at 0.6759. According to my limited knowledge, if it goes down, it will reach the support line of the channel. After that, it will move towards the resistance of the channel, and then there will be a breakout of the channel. After retesting, it will continue to move upwards.

Disclaimer: The information provided is for general informational purposes only and should not be considered as professional advice. Use at your own risk.