AUDUSD Daily Analysis 1/4/20

AUDUSD Long Idea

AUDUSD has been very bullish on the daily timeframe and has broken key support around 0.69250. It broke into this new range and found resistance around 0.70250

We are still long on this pair and we have seen a key fib level hit. From the current level we want to see strong bullish setups before we target higher.

We’re looking to target 0.70250 again